For those of us who are financially challenged......is that a good thing or a bad thing?

I'm curious too? OO stock has risen since nov so maybe just buying one of the mrs. a new condo.

Insiders buy when it is a good deal. There’s no telling why they sell, could be that condo, better opportunity,or looming disaster. Unless a bunch dump the stock at the same time you just don’t know until.

Another option is the intent to "short it" they know when the buy rumor falls flat it's going to lose a more than a few points. This would need to be done far enough in advance to avoid investigation by SEC like well before first rumor of the UAL purchase that recently pushed stock price up broke. So that when it falls they can point back to the SELL timming that it was in fact well before first word hit official papers. Strategicaly brilliant kill 2 birds one stone. Hold the pilot group on hope of a rumor of a buy and cash in too.. ruthless CHESS not checkers.

I would think if they were that smart they would be running a profitable company.

XJT is a profitable company. The profits are not being shown on the xjt side on purpose.

Are you referring to OO right to be clear XJT management runs nothing, knows nothing. Every decision they make is phoned in from SGU. Anyone who hasent figured this out yet must be brand spanking new.

I’m not sure, as a designated insider, you’re allowed to short that particular stock. I could be wrong, but I think that is the rule.

Just looked it up...not illegal per se, but you’re opening yourself up to an SEC mine field and probably not worth the risk. The rationale being if you’re doing what’s best for employees and other shareholders there is no need to short.

Probably really bad idea for Joe Employee and a worse than terrible idea for the type who has to report their trades to the SEC.

Right, and it's just an opinion on my part. But stINC management has no reason to do anything right for XJT employees (and haven't) share holders sure. I'd love to see see one of these folks get caught with their hand in the perverbial cookie jar. And I may be incorrect this was the XJT COO right? If so maybe feels far enough removed..maybe