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where is my stock ALPA?????????

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where is my stock ALPA?????????

Old 02-18-2009, 02:08 PM
  #1  
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Default 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??????????????
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Old 02-18-2009, 03:18 PM
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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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Old 02-18-2009, 05:34 PM
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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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Old 02-18-2009, 06:37 PM
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Originally Posted by bjstout View Post
Not sure if you were joking or not, but in case you weren't, that is nowhere near reality.
Which part do you not understand? The first post or the second. They're both being pretty sarcastic FYI. Except the run on sentence used in the initial post. I'm pretty certain he was quoting someone directly from DALPA, maybe even Athena.
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Old 02-18-2009, 08:49 PM
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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
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Old 02-19-2009, 01:40 AM
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Originally Posted by bjstout View Post
Not sure if you were joking or not, but in case you weren't, that is nowhere near reality.
Really? Sounds just like the way it should work to me.
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Old 02-19-2009, 02:57 AM
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Originally Posted by seamonster View Post
Also, did the non contract employees get stock or money?
Yes - they got stock. Er... I should say they got what was left of their stock, after 25-30% was sold to cover taxes.

PG
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Old 02-19-2009, 06:48 AM
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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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Old 02-19-2009, 06:10 PM
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Originally Posted by acl65pilot View Post
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.
$6, is it that high. Cramer just blew off DAL last night...
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Old 02-19-2009, 06:13 PM
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Originally Posted by acl65pilot View Post
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.
You mean, the union just sent a memo to FDAL pilots, haven't seen anything myself.
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