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Market Watch Money Managers Are Pumping Up This Airline Stock!
Market Watch Money Managers Are Pumping Up This Airline Stock! 
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| Money Managers Are Pumping Up This Airline Stock! |
| Thursday, 15 May 2008 | ||||||||
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See, when money managers reported their first-quarter buys to the SEC in government-required 13F form filings, Hawaiian Airlines stock was on the list of new buys. Richard Aster Jr., who runs both the Meridian Growth Fund and Value Fund, added more shares to his long-term position in HE stock. Aster has been buying up HE for years. He holds over 1.4 million shares, valued at $37.8 million.  All of a sudden, John Keeley entered the game. He added a brand-new position of almost 640,000 shares, which he bought for $14.3 million. Since Wall Street started buying HE early in 2008, HE stock has jumped 22%. If you were part of my 13F Distribution Plan, and privy to “free money” opportunities, you would have known about the big buys on HE stock. And you’d be up 11% already!
Rest assured that Richard Aster will not let this stock fail if he wants his fund’s average returns to stay in the double digits for clients. At $50 per share, it’s still a strong buy for you. Its debt is one-third of its assets, and it has very good leverage. Not to mention an annual dividend yield of 4.6%! Ann Sosnowski Editor, Safe Haven Investor
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