Originally Posted by Margaritaville
(Post 3254969)
Oh, so we're going to evaluate an airline's health solely on the stock price now? Cool.
DAL 44.43 UAL 53.88 AAL 22.22 LUV 54.55 SAVE 32.01 JBLU 17.18 ALGT 190.27 Under your ridiculously simplistic financial analysis, ALGT looks pretty good! |
Originally Posted by TransWorld
(Post 3299978)
And suppose ALGT does a 10 for 1 stock split. It would then be about $1.90 per share. What does that tell you? Nothing.
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Originally Posted by TransWorld
(Post 3299978)
And suppose ALGT does a 10 for 1 stock split. It would then be about $1.90 per share. What does that tell you? Nothing.
10-1 stock split would be 19.00 per share in this senario. Pilots for the win. |
Originally Posted by Humblepielot
(Post 3300144)
10-1 stock split would be 19.00 per share in this senario. Pilots for the win.
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Originally Posted by Halon1211
(Post 3299950)
lol, you clearly don’t understand how the stock works...it’s not just the share price. You also have to look at outstanding shares...it’s okay you are probably just a pilot.
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Originally Posted by TransWorld
(Post 3299978)
And suppose ALGT does a 10 for 1 stock split. It would then be about $1.90 per share. What does that tell you? Nothing.
But thanks for your financial wisdom. I'm sure we're all real impressed. |
Originally Posted by Halon1211
(Post 3299950)
lol, you clearly don’t understand how the stock works...it’s not just the share price. You also have to look at company’s float...it’s okay you are probably just a pilot.
Btw non of us should be bragging about our airline’s stock price. Go look at the 5 year chart for most publicly traded airline stocks, it’s embarrassingly bad. Most have lost value in a 5 year stretch, yikes. You have a couple like SWA and ALGT with 50% gains, SkyWest has a 90% gain over 5 years, which is the highest I’ve seen. Now go reference the SPY 5 year chart, SUBSTANTIALLY lower risk, 110% gain. Nobody should be buying airline stock unless it’s a swing trade, it’s a terrible long term investment. My favorite is Spirit, highest growth %, stock is down 33% over 5 years! Have mercy! |
Originally Posted by Margaritaville
(Post 3300537)
My post from 3 months ago was sarcasm directed at a pilot who suggested my company was failing because the stock price dropped from an all time high.
But thanks for your financial wisdom. I'm sure we're all real impressed. |
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