True but it's not always about that. Many people forget that you aren't just buying and selling a fluctuating number. You are actually buying ownership of the company. The current stock price is what people are willing to buy the company for. The lack of fluctuation means that many people are buying and selling at the same time keeping the supply/demand even. Once the IPO is out the company got the money it needed to expand. The rest is just what Joe #1 is willing to sell his piece of the company to Joe #2 for.

In the case of XJT. They reported a loss. People don't think their part of the company is worth as much so they are trying to off load it. Should they start posting profits people will hold on to their part of the company driving their shares up. I think the company does good business and should we see several 170/190s come rolling out I think they'll do great business. So my buying them at $5.75 is good to me. Should they tank then they tank and I'm out what I was willing to lose.

Knowing an airline is no different than knowing burger king or anything else. We have a famous CEO that drives that home. It's just about numbers, management, and potential numbers. Like was mentioned, look at Berkshire Hathaway. The guy doesn't know anything about most the companies he owns. Just looked at the numbers. MSNBC had a great show on him last week.

Anyway the XJT stock is sinking because of a shady future, reported losses, ect. Not because of the people that work there which is a big problem. People think because you say something like "XJT isn't doing so well" that you're calling the pilots idiots or something.

Mesa is always amazing me. This china bit is going to be funny. The chinese mentality will work hand in hand with them. Regardless of what they do I don't see it lasting for very long and that 737 bit is BS. All china wants is it's own airlines using it's own motherland airplanes flown by their own pilots. They'll probably treat you like a scab the whole time you're there.