Originally Posted by
zoooropa
Carl, are you instructordude on flightinfo as well. These posts HAVE to be flame bait, right?
Do you really believe some of this insanity that you just posted?
"revenue" is the most important metric? I can't tell if you are actually trying to refer to "earnings" (or more importantly, EPS) or if you actually believe "revenue" is the most important.
Do publicly owned companies set quarterly "revenue" targets, or do the set "earnings per share" targets?
Taking your misguided point further, you may have been halfway correct if you referred to "revenue growth", but you did not.
You also failed to address the one week old analysis I referred to that confirms "revenue" is falling off the table, worldwide. Europe and Asia (specifically china) are not feeling the effect as much as we are here in North America.
Global profit margins have slipped to less than 1%. Domestic profit margins have fallen into negative territory.
I realize that you might actually believe this is the "strongest revenue environment since 9/11", but typing it 100 times on APC doesn't make it true.
Revenue as a stand alone metric is meaningless. Revenue growth AND EPS are the foundation of technical analysis.
Finally, if you apply your ludicrous "revenue" theory to the airline we are discussing you might see how wrong you really are.
Frontier revenue was up 13.9% in 2011 Q1. In your tiny upside down world, this is where the analysis ends and you apparently would go out and buy all the RJET stock you could find.
Unfortunately, if you spend 3 or 4 more seconds reading the balance sheet you will find EPS were -.46 and the airline lost $55 million dollars (on top of the $70 million they lost during the same three months last year, and the $20 million they are projected to lose in 2011 Q2).
Revenue up double digits, as I mentioned before, yet we have lost almost $200 million dollars in 20 months after you factor in the dilution of shares.
No sense trying to educate the truly delusional. Enjoy your state of bliss.
Carl