Allegiant Air
#2571
Banned
Joined APC: May 2012
Posts: 520
CRT Capital Lowers Allegiant Travel Company to Fair Value (ALGT) | sleekmoney
Down about 8 dollars in trading so far today.
Down about 8 dollars in trading so far today.
#2572
Gets Weekends Off
Joined APC: Feb 2013
Posts: 2,941
Total manipulation by management. Last I heard they have about $55 million left authorized for stock buyback from the board. Imagine the bonuses they will earn for themselves when they buyback stock at such a huge discount and then let it ride all the way back up. Especially when they have control over when the freefall stops per current events. Think about it.
#2573
Gets Weekends Off
Joined APC: Feb 2013
Posts: 2,941
I see you are having trouble understanding the difference between a public and private company too. That is your problem here. As long as it is a PUBLICLY TRADED company, yes, it is my business. The SEC (ie. the gov't) says so and REQUIRES the disclosure of exec. compensation. Thanks.
#2574
Gets Weekends Off
Joined APC: Oct 2014
Position: Downward-Facing Dog Pose
Posts: 1,537
How revealing.
I bet you think it's "brilliant" that a group of attorneys can buy up IT patents, then turn right around and sue small IT companies for patent infringement, knowing they are
A) innocent
B) don't have the req'd $1M+ on hand for legal fees to successfully defend themselves in court
C) cannot counter-sue because of patent law
but
D) do have the $200K or so to settle out of court (which is what they are being "sued" for in the first place).
It's actually legal blackmail. And after they hit up Co. A, they go on to Co. B. Rinse, repeat. All the way to millions and millions.
People like you have the exact same kind of mentality I'm talking about. They think it's "brilliant" too, because it's "legal" and they can get away with it. But it is a henious, vile, and very harmful practice on society at large.
I bet you think it's "brilliant" that a group of attorneys can buy up IT patents, then turn right around and sue small IT companies for patent infringement, knowing they are
A) innocent
B) don't have the req'd $1M+ on hand for legal fees to successfully defend themselves in court
C) cannot counter-sue because of patent law
but
D) do have the $200K or so to settle out of court (which is what they are being "sued" for in the first place).
It's actually legal blackmail. And after they hit up Co. A, they go on to Co. B. Rinse, repeat. All the way to millions and millions.
People like you have the exact same kind of mentality I'm talking about. They think it's "brilliant" too, because it's "legal" and they can get away with it. But it is a henious, vile, and very harmful practice on society at large.
Last edited by SayAlt; 04-29-2015 at 12:54 PM.
#2575
Gets Weekends Off
Joined APC: Oct 2014
Position: Downward-Facing Dog Pose
Posts: 1,537
Among others, like the Federal Reserve, investment banks, hedge funds, etc.
It's why stocks are for suckers.
There is no "free market" anymore. Hasn't been for some time now. The DOW, as an economic indicator, has become as useless as the Consumer Price Index is for gauging inflation.
It's why stocks are for suckers.
There is no "free market" anymore. Hasn't been for some time now. The DOW, as an economic indicator, has become as useless as the Consumer Price Index is for gauging inflation.
#2576
Gets Weekends Off
Joined APC: Feb 2013
Posts: 2,941
Among others, like the Federal Reserve, investment banks, hedge funds, etc.
It's why stocks are for suckers.
There is no "free market" anymore. Hasn't been for some time now. The DOW, as an economic indicator, has become as useless as the Consumer Price Index is for gauging inflation.
It's why stocks are for suckers.
There is no "free market" anymore. Hasn't been for some time now. The DOW, as an economic indicator, has become as useless as the Consumer Price Index is for gauging inflation.
#2577
Gets Weekends Off
Joined APC: Jan 2014
Posts: 194
Total manipulation by management. Last I heard they have about $55 million left authorized for stock buyback from the board. Imagine the bonuses they will earn for themselves when they buyback stock at such a huge discount and then let it ride all the way back up. Especially when they have control over when the freefall stops per current events. Think about it.
I don't think they have as much control as they think they do. They have pulled out a bunch of their gimmicks in the last month and it hasn't really worked the way it usually does. I'm not saying it won't come back, but right now I don't think it's behaving the way they want it to. They have their cronies in the analyst arena doing their bit too, but I don't think everyone is buying it the way they usually do.
#2578
Gets Weekends Off
Joined APC: Jul 2012
Posts: 480
Has anyone else noticed the FAA scrutiny around here? Our efforts have gotten a lot of attention from them. My guess is we are now classified a ‘Distressed Carrier’. POI’s have been popping up all over the system. Although it’s a waste of time to check the professionalism of our crews; to date I haven’t heard of any pilots being violated. The scrutiny in our operations, maintenance and training in Vegas is well worth them in our cockpits.
With the amount of negative publicity generated from only the mere threat of a ‘Status Quo’ strike, was enough to bring uber scrutiny of the FAA. I think there is now a hypersensitivity to the suggestion of ‘disgruntled pilots’, given the unfortunate aftermath of our troubled deutsch land youth. This was mirrored in the last investor call when king mg commented on the FAAs moratorium on any more significant growth of the airline. He did such a sweet play down of it all. He does earn his billions.
Along with every other investor questioning our ‘labor issues’, which the FAA has also noted. What a change from a year ago, when all those investor calls were rosy and beautiful, no mention of trouble in paradise. Sunlight is indeed the best disinfectant. Militant displays of pilots standing in unison or even the threat is going bring the heat from the FAA and investors like never before.
That’s staying focused. Good job union, never let up!
With the amount of negative publicity generated from only the mere threat of a ‘Status Quo’ strike, was enough to bring uber scrutiny of the FAA. I think there is now a hypersensitivity to the suggestion of ‘disgruntled pilots’, given the unfortunate aftermath of our troubled deutsch land youth. This was mirrored in the last investor call when king mg commented on the FAAs moratorium on any more significant growth of the airline. He did such a sweet play down of it all. He does earn his billions.
Along with every other investor questioning our ‘labor issues’, which the FAA has also noted. What a change from a year ago, when all those investor calls were rosy and beautiful, no mention of trouble in paradise. Sunlight is indeed the best disinfectant. Militant displays of pilots standing in unison or even the threat is going bring the heat from the FAA and investors like never before.
That’s staying focused. Good job union, never let up!
Last edited by Xbone; 04-29-2015 at 12:59 PM.
#2579
Gets Weekends Off
Joined APC: Oct 2014
Position: Downward-Facing Dog Pose
Posts: 1,537
I accept your surrender and apology.
But calling it a "militant display" is EXACTLY the kind of verbiage/narrative the suits would love to have people using and plays straight into their hands.
#2580
Gets Weekends Off
Joined APC: Oct 2014
Position: Downward-Facing Dog Pose
Posts: 1,537
At Allegiant, our CEO takes some paltry yearly salary but he owns 20 PERCENT of the outstanding shares (approx $700 million in stock). Back before our President was kicked out, his 2013 total compensation was $5.2 million.
While that is slightly above Gary Kelly's $4 million for that year, keep in mind the difference in size and revenue between the two carriers. Our president's compensation per dollar of revenue generated was 23 TIMES that of Kelly's.
Executive pay is definitely out of control.
While that is slightly above Gary Kelly's $4 million for that year, keep in mind the difference in size and revenue between the two carriers. Our president's compensation per dollar of revenue generated was 23 TIMES that of Kelly's.
Executive pay is definitely out of control.
It can't be ignored any longer.
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