Originally Posted by dracir1

The stock opened at $20 - the whole reason for going public was to raise funds and make the purchase of Spirit easier. That fell through. Since, BB, BL and others receive salary/compensation in the form of stock - and most have sold off most if not all of their stock. The stock has steadily declined since inception and the company has purposefully operated recklessly. BB continues to lie to stockholders about the pilot market and retantion, potential Pratt and Whitney engine issues in the future, etc. As such, Indigo would benefit GREATLY from not having to divulge company financials and given recent actions, the "vote of confidence" is a no brainer - investment banks would jump at a "salvage" offer of a stock buyback from Indigo. This is so obvious I'm surprised the SEC doesn't investigate.

Nevertheless, this company isn't headed in a positive direction. Stock plummeting, quarterly losses when most others profit, pending labor contracts, gate issues in the main base (DEN), **** poor pilot rentention, etc. This is supposed to be a time of growth and prosperity.