Eightydeuce

This flag was given to me by a veteran who served with the 11th Airborne in the Phillipenes Durring WWII. Ed was his name and he was in heavy combat as an airborne infantryman. As I understand it there were Luck Flags taken from individual soldiers killed and then there were those that were sold to soldiers. Would like to identify this one if possible. Its in rough shape is stained and what appear to be bullet holes in it. Any help would be appreciated.