Sinking Ship?
 

It was reported today that BB sold 37% of his stock. Take a look at our stock vs. the industry. My gut tells me we are in trouble. I’m talking slow speed train wreck kind of trouble. A liquidation of 37% of the CEOs holdings in the company when the stock is way down is a really, really bad signal.

What say the masses?

Hear comes the chicken littles

even at todays all time low it’s still a $1.6 billion company, a company that is profitable btw. I’m personally not happy with the stock performance but if it says anything it’s that wall Streets opinion of our managements ability to run the place is low.

stock price means nothing. We have lots of planes and cheap tickets. Plus word of mouth is our best advertisement. The planes are new and our destinations are good. As long as the weather behaves and doesn’t storm much. It’s a rough time in the industry for everyone.

Why do so many people at this company believe this place is going bust? One day we will just walk into work and there will be a closed for business sign on the front door.

if you knew for a fact that this place was going under, you’d be an idiot to stay. Everyone would be idiots to stay.

It’s this satire? Word of mouth is a double-edged sword, and I’ll tell you we aren’t on the “best advertisement” side of that blade. Additionally, we don’t own any planes. When the skipper sells nearly half of his stock in the company, and said stock is at historic lows, it is a red flag.

From my perspective, Wall Street sees the business model failing. The profit margins are a major disappointment.

Finally, to counter your point, the rest of the industry is doing pretty well currently.

there’s no such thing as bad publicity. People sell stocks all day, millions of shares are exchanged everyday so what if it happens here. We own our planes, this isn’t a regional where we’re doing business as “insert airline” next time you’re at work look at the name on the side. And no they aren’t, you should’ve seen the line in ATL a few days ago. I was on American last week and we were delayed over an hour. These problems aren’t just frontier specific

"It’s a rough time in the industry for everyone."

Seriously?

It is the best time in the industry. Airline profits are at an all time high. The legacy airlines have the highest average ticket prices and the highest load factor ever.

I haven't seen a flight with more than a couple empty seats in months!

I don’t think it’s the canary in the coal mine but it isn’t a good look for sure 💀

I would think it says BB could finally be on the way out?