Originally Posted by Mea25000

I would give you an F. If you wanted to buy 4 billion in outstanding shares of Alaska, what do you think would happen to its stock price? You think another airline wouldn’t have interest if it were that easy and that cheap. The first noise of a HTO and our stock would jump 20% in a day. How many shares of ALK are normally traded in a day? If all shares are only being purchased, what happens to the stock price? There is no stealth buy either, if someone buys more then 10%, that is all disclosed publicly. If AMR bought 10% of Alaska, our market cap would quickly blow through 10 billion. Alaska can be bought any given day on Wall Street, in this environment it would probably be north of 11.5 billion.