Originally Posted by
tsquare
What makes him think we have earnings to support $18/share?
Our EPS last year put the stock in the 30 dollar range. Wall Street is finally starting to realize that airlines have found a way to make money no matter what fuel is. As soon as they realize they will make money with labor costs rising the stock will take off.
Our current price as well as the entire sectors, is basically indicative of a no confidence vote. When the companies prove that they actually can turn a profit quarter over quarter, the stock will react in kind.