Originally Posted by
ERAUAV8R
stock price means nothing. We have lots of planes and cheap tickets. Plus word of mouth is our best advertisement. The planes are new and our destinations are good. As long as the weather behaves and doesn’t storm much. It’s a rough time in the industry for everyone.
It’s this satire? Word of mouth is a double-edged sword, and I’ll tell you we aren’t on the “best advertisement” side of that blade. Additionally, we don’t own any planes. When the skipper sells nearly half of his stock in the company, and said stock is at historic lows, it is a red flag.
From my perspective, Wall Street sees the business model failing. The profit margins are a major disappointment.
Finally, to counter your point, the rest of the industry is doing pretty well currently.