Originally Posted by
fumeevented
ahh what the hell, i'll take a stab at it.
Spirit makes some good points, especially this one:
but then they imply that the market is going to recover any minute now:
Well, which is it Ted?
And were all on here talking about it because there's nothing else we can do. Even if I wanted to "go somewhere else" there's a 50/50 chance i get furloughed in the next two years with the way the economy is heading.
where does he say ‘any minute now’ .. he doesn’t. But if our sale doesn’t conclude for a period of two years and we don’t realize our gain from the Purchase then the shareholders won’t get to partake in the next two years of a potential recovery. If the market is in fact higher in 2 years then shareholders shoulder the risk of missing out on that rally. The shareholders miss out on that potential rally but JetBlue can walk away if the market falls 10% in the near term. Market goes down they bail, market goes up and we are locked in at sale price. I see what he’s driving at .. doesn’t seem equal risk to me