ALGT below $120???
08-17-2017, 03:17 PM
#2
Prime Minister/Moderator
Joined APC: Jan 2006
Position: Engines Turn Or People Swim
Posts: 39,224
Don't invest in the company or industry you work in...especially airlines, the industry is fragile and the potential downside is varied and vast.
Ok to exercise options if you have them, but don't hold it longer than you have to.
Ok to exercise options if you have them, but don't hold it longer than you have to.
08-17-2017, 03:33 PM
#3
Gets Weekends Off
Joined APC: May 2011
Posts: 239
Originally Posted by rickair7777
Don't invest in the company or industry you work in...especially airlines, the industry is fragile and the potential downside is varied and vast.
Ok to exercise options if you have them, but don't hold it longer than you have to.
Ok to exercise options if you have them, but don't hold it longer than you have to.
08-17-2017, 03:49 PM
#4
Prime Minister/Moderator
Joined APC: Jan 2006
Position: Engines Turn Or People Swim
Posts: 39,224
Originally Posted by Whiskey4
What about the employees who held SWA options from day zero?
If you want to get in on the ground floor of a unicorn, go to silicon value...the odds are terrible there, but still far better than the airlines as far as that goes.
08-17-2017, 04:53 PM
#5
SDQ Base Chief
Joined APC: Mar 2006
Position: 320 CA
Posts: 5,583
There is a lot of doubt lately among analysts whether the ULCC model is sustainable. Check Spirit (SAVE) performance, and Frontier postponed their IPO. The Big 3 are getting aggressive and competing with ULCCs by offering bare bones fares in some parts of coach class. I'm not sure if ALGT is in the same business model as Spirit, so maybe this shouldn't be dragging the stock down.
08-17-2017, 05:07 PM
#6
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Joined APC: Jun 2016
Posts: 629
Originally Posted by Flyby1206
There is a lot of doubt lately among analysts whether the ULCC model is sustainable. Check Spirit (SAVE) performance, and Frontier postponed their IPO. The Big 3 are getting aggressive and competing with ULCCs by offering bare bones fares in some parts of coach class. I'm not sure if ALGT is in the same business model as Spirit, so maybe this shouldn't be dragging the stock down.
Kirby went after Spirit at DFW. When they raised their prices again it just caused Spirits stock to rally.
The legacies repeat the same process over and over. I'll never understand it. They get wrapped around the axle and slash their own fares over a very small segment of passenger traffic. My opinion, I think they should continue to charge a premium and focus on providing a superior product.
The ULCC model is here to stay, it's almost entirely focused on leisure travel. ULCC's don't bat an eye about the legacies. Their competition is Greyhound, Amtrak and the automobile.
08-17-2017, 05:47 PM
#8
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Joined APC: Nov 2016
Position: 6th place
Posts: 1,826
Originally Posted by Trowserchilli
Nothing new, been going on for decades. Devaluing their product has never worked.
Kirby went after Spirit at DFW. When they raised their prices again it just caused Spirits stock to rally.
The legacies repeat the same process over and over. I'll never understand it. They get wrapped around the axle and slash their own fares over a very small segment of passenger traffic. My opinion, I think they should continue to charge a premium and focus on providing a superior product.
The ULCC model is here to stay, it's almost entirely focused on leisure travel. ULCC's don't bat an eye about the legacies. Their competition is Greyhound, Amtrak and the automobile.
Kirby went after Spirit at DFW. When they raised their prices again it just caused Spirits stock to rally.
The legacies repeat the same process over and over. I'll never understand it. They get wrapped around the axle and slash their own fares over a very small segment of passenger traffic. My opinion, I think they should continue to charge a premium and focus on providing a superior product.
The ULCC model is here to stay, it's almost entirely focused on leisure travel. ULCC's don't bat an eye about the legacies. Their competition is Greyhound, Amtrak and the automobile.
When the legacies match fares it's only for a certain number of tickets and for flights around the same time as the ULCC competition. If AA matches a spirit DFW-wherever flight it's not like they're doing it on all the tickets for all the flights that day.
08-17-2017, 06:58 PM
#10
Gets Weekends Off
Joined APC: Sep 2006
Posts: 926
Originally Posted by JustWatching
It's amazing how the stock always drops when the company authorizes a buy back.
Speaking of that, since the YOY numbers have taken a hit the last few quarters, even modest numbers starting 3Q17 are going to look like a reasonable improvement. That should help the price tick up, provided the overall market isn't pulling everything downward.
I'm waiting to see what happens politically over the next few months, but barring any unforeseen events, ALGT could very well end up being a risk worth taking .
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