Originally Posted by
Excargodog
Delta has not been selling stock at market bottom prices to raise money. AA has.
It’s called stock dilution. Eventually you need to either buyback stock or actually service those shares with some dividends.
I can find you a similar forecast from a guy selling Bolivian tin futures. How many can I put you down for?
https://www.nasdaq.com/articles/boli...ays-2021-09-21
Are you under the impression that any passenger airline has paid a dividend in two years? Are you also under the impression that all successful company stocks pay dividends? Are you aware of Warren Buffett’s position on paying a dividend?
Anyway, RI isn’t Buffett by any means but they don’t have to pay a dividend or buy back stock…but they probably do need to run a tighter ship.