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Old 05-13-2015 | 05:12 PM
  #4239  
OldFlyGuy
Gets Weekends Off
 
Joined: Jul 2014
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Originally Posted by Timbo
Yup, and now ask yourself this; Who benefits by this stock buyback, and WHO owns 80,000 shares?

Richard, that's who.
Yeah, but still chump change compared to the large institutional money. I just fundamentally disagree with the concept of repurchasing airline shares. A brick and mortar company you can make some logic out of owning the assets. With most airlines you are purchasing the revenue stream and the lease payments for the jets and facilities..and you have less cash. What do I know. I'm old. I lost my readers... OFG
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