Originally Posted by
Lewbronski
That’s not “presumably” why he turned down the loan. He stated that’s why he turned down the government money. Here’s the quote: “The terms of the government loan are pretty onerous ... I think we would much rather avoid those. And I think what's near and dear to shareholders' hearts is it puts restrictions on dividends, which I object to, and share repurchases."
Stock charts over cohearts. High five?
Moving forward with furloughs is making SWA look extremely weak. Like the stock valuation is at risk, even more than industry peers and competitors. Expect SWA to underperform until they drop the furlough nonsense.