where is my stock ALPA?????????
Can anybody tell me without going in circles when I am going to see my part of the merger stock for Delta? Also, did the non contract employees get stock or money? I want more than"WE ARE WAITING TO GET THE BEST PRICE FROM ONE BUYER AND WE CANNOT FIND THAT BUYER BECOUSE OF THE DOWN TURN." Can someone get more of answer for me than "The group we have sent the stock to is doing what they are doing in the best interest of doing what is right for the group as a whole and not the individual that may lose if the stock is give to each individual that could sell the stock and drive the price down for the rest of the individuals that are not as quick at selling the individual stocks as other individuals that sell the stock"? If you follow what I just wrote than you to have talked to the people I have talked to. My mind ends at the same place it started and there was a small rollercoaster in the middle.
Did ALPA have an agreement with management not to dump the stock into the pilots hands? Seems a great idea if you don't want any stock problems for your stock holders. Also, what is going on on the NW side and there stock??????????????:confused: |
Bid Period 5. Athena will sell them when they fall under one dollar. Following that, the executives will buy them up for said price and sell them in 2010 for $28 share. After awhile, the patterns are all the same.
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Not sure if you were joking or not, but in case you weren't, that is nowhere near reality.
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Originally Posted by bjstout
(Post 562300)
Not sure if you were joking or not, but in case you weren't, that is nowhere near reality.
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I believe Athena has one year to calculate their decision. This will be interesting in that no one is in charted waters; even Warren Buffet is saying,"Buy America!" and taking put options on key industries.
In all seriousness, I hope they issue them as shares. It would be ideal to ride them back up to the high 20's or 30 range and pull the plug. Either way, the offer was a nice gesture and there are only gains to be made with time (way too much money in cash to file bk and eliminate the positions). Of course if they sell them, it places them into circulation which will pull the share value down slightly and you can likely buy them back at .95 on the dollar and still ride the wave back up. Either way it's a win, just a difference in timing and follow on coarse of actions. In the case of a low value cash-out, it will be very tempting to put them into another aspect of the market. Can't afford to have Rhino man on my tail again for being sarcastic, time in this industry will work on him however ;) |
Originally Posted by bjstout
(Post 562300)
Not sure if you were joking or not, but in case you weren't, that is nowhere near reality.
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Originally Posted by seamonster
(Post 562097)
Also, did the non contract employees get stock or money?
PG |
The union just sent our a memo on this. You may get the stock, but they will try to see it first. I personally would take the stock and hold on to it for three to four years. It is much better than selling it for 6 dollars a share.
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Originally Posted by acl65pilot
(Post 562645)
The union just sent our a memo on this. You may get the stock, but they will try to see it first. I personally would take the stock and hold on to it for three to four years. It is much better than selling it for 6 dollars a share.
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Originally Posted by acl65pilot
(Post 562645)
The union just sent our a memo on this. You may get the stock, but they will try to see it first. I personally would take the stock and hold on to it for three to four years. It is much better than selling it for 6 dollars a share.
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