Originally Posted by
Danger Close
I'm pretty sure he has to place those trades months in advance not knowing what the price will be. Also he prob has ALOT more than 50k and is just taking some profits off the table.
You may be 100% correct or...
He may know explaining the 4Q expenses, increases in pilot costs, fuel costs, and inability to affect PRASM no matter what they do could result in stock price depreciation.
This has little effect on profit for 2016 or profit sharing. The actual numbers drive profit, not sentiment. Which is why I don't own DAL. But I could be equally wrong as well. That's the beauty or bain of the stock market depending on your view point. Numbers drive very little when it comes to stock price, if they did DAL would be a lot higher.