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Old 03-05-2018 | 10:43 AM
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Default Now why would BJ be spending $$$ on this...

https://www.reuters.com/article/brie...-idUSFWN1QK0AO
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Old 03-05-2018 | 12:20 PM
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They would like the stock they just granted themselves to be worth more than $100K?

It's certainly not to pay the pilots that fly their planes.
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Old 03-05-2018 | 12:29 PM
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Unbelievable. You just can’t make this stuff up.....
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Old 03-05-2018 | 01:08 PM
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Originally Posted by CaptCoolHand
They would like the stock they just granted themselves to be worth more than $100K?

It's certainly not to pay the pilots that fly their planes.
Too short sighted to realize happy pilots would be good for the value of their stock.
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Old 03-05-2018 | 03:43 PM
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That is one of the steps to a merger, buy up as many outstanding shares as possible to keep the prize down for the merger could be a good sign. Keep an eye on negotiations if things start turning positive that is another sign of a merger
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Old 03-05-2018 | 04:55 PM
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Originally Posted by VF32TomCat
That is one of the steps to a merger, buy up as many outstanding shares as possible to keep the prize down for the merger could be a good sign. Keep an eye on negotiations if things start turning positive that is another sign of a merger
Then we're far from a merger
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Old 03-06-2018 | 04:51 AM
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I was thinking the same thing.

Negotiations will start to *sound* positive again leading up to the start of summer. Probably April-May.

They will stay positive (some progress) through the summer. If they get through mid-August with no agreement, good luck to us all, we are done until Jan 2019 at a minimum.
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Old 03-06-2018 | 05:07 AM
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Originally Posted by Bluedriver
I was thinking the same thing.

Negotiations will start to *sound* positive again leading up to the start of summer. Probably April-May.

They will stay positive (some progress) through the summer. If they get through mid-August with no agreement, good luck to us all, we are done until Jan 2019 at a minimum.

Seems right but it wouldn’t be hard to sound positive after that last one we got. Leave early for a storm GMAFB.
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Old 03-06-2018 | 06:37 AM
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Originally Posted by VF32TomCat
That is one of the steps to a merger, buy up as many outstanding shares as possible to keep the prize down for the merger could be a good sign. Keep an eye on negotiations if things start turning positive that is another sign of a merger
I must be missing something. . .I thought that by buying up shares, it would prop the price up? Fewer outstanding shares equals a higher share price, no?
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Old 03-06-2018 | 06:49 AM
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Originally Posted by Rickce7
I must be missing something. . .I thought that by buying up shares, it would prop the price up? Fewer outstanding shares equals a higher share price, no?
So would a reverse split which is nearly cost neutral.
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