Search

Notices

Sinking Ship?

Thread Tools
 
Search this Thread
 
Old 08-08-2023 | 11:07 AM
  #1  
Thread Starter
Line Holder
 
Joined: Jan 2023
Posts: 64
Likes: 0
Default 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?
Reply
Old 08-08-2023 | 11:08 AM
  #2  
Stirring the pot
 
Joined: Oct 2016
Posts: 1,609
Likes: 63
From: Off reserve 🤫
Default

Hear comes the chicken littles
Reply
Old 08-08-2023 | 11:26 AM
  #3  
Line Holder
 
Joined: Mar 2018
Posts: 300
Likes: 3
Default

Originally Posted by UpwardInflow
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?
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.
Reply
Old 08-08-2023 | 11:31 AM
  #4  
On Reserve
 
Joined: Jul 2021
Posts: 188
Likes: 0
Default

Originally Posted by Mooneyguy
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.
Reply
Old 08-08-2023 | 11:44 AM
  #5  
Line Holder
 
Joined: Mar 2019
Posts: 494
Likes: 3
Default

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.
Reply
Old 08-08-2023 | 11:46 AM
  #6  
Thread Starter
Line Holder
 
Joined: Jan 2023
Posts: 64
Likes: 0
Default

Originally Posted by ERAUAV8R
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.
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.
Reply
Old 08-08-2023 | 11:52 AM
  #7  
On Reserve
 
Joined: Jul 2021
Posts: 188
Likes: 0
Default

Originally Posted by UpwardInflow
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
Reply
Old 08-08-2023 | 11:58 AM
  #8  
Gets Weekends Off
 
Joined: Feb 2021
Posts: 414
Likes: 0
Default

Originally Posted by ERAUAV8R
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.
"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!
Reply
Old 08-08-2023 | 12:02 PM
  #9  
Shrek's Avatar
Gets Weekends Off
25M+ Airline Miles
15 Years
Gets Weekends Off
50 Countries Visited
 
Joined: Aug 2006
Posts: 2,025
Likes: 100
Default

Originally Posted by UpwardInflow
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?
I don’t think it’s the canary in the coal mine but it isn’t a good look for sure 💀
Reply
Old 08-08-2023 | 12:04 PM
  #10  
Line Holder
 
Joined: Nov 2019
Posts: 770
Likes: 11
Default

Originally Posted by UpwardInflow
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?
I would think it says BB could finally be on the way out?
Reply
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
MadDolly
Frontier
33
01-17-2015 09:22 AM
vagabond
Safety
24
01-22-2012 06:12 AM
winglet
Mesa Airlines
54
06-05-2010 10:28 PM
Delco92
Cargo
5
04-18-2009 06:54 PM
Delta102
Your Photos and Videos
10
05-28-2006 09:28 PM

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On



Your Privacy Choices