Diamonds and Dogs

2/28/19

Feeling the love. Southwest Air (LUV) is jumping 3.7% on rumors Warren Buffett and Berkshire Hathaway are considering buying the $30 billion airline. Following earnings last week, Warren Buffett said he wanted to do an elephant size deal. Southwest also received FAA approval to serve the Hawaii islands. Hawaii will make up half of Southwest's planned 5 percent increase in flights this year.

Camping World (CWH) out in the cold. The biggest player in the recreational vehicle business is down 10% today not far from a 52 week low after restating their accounting practices. Camping World is down 60% in the last year due to pricing pressure, slower growth, accounting problems and a popular well-known CEO selling his stock creating a lawsuit accusing management of knowing that the numbers weren't accurate and selling their stock in advance of the disclosure.