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Old 04-12-2008 | 04:45 PM
  #3061  
andy171773's Avatar
Furlough line holder
 
Joined: Jan 2007
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From: CRJ2, ATR, CRJ7, E145, 737
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Enjoying the weekend, trying to not think about this silly business.
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Old 04-12-2008 | 06:01 PM
  #3062  
p1ayn's Avatar
Used to get weekends off
 
Joined: Dec 2006
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From: BusFo
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Originally Posted by andy171773
Enjoying the weekend, trying to not think about this silly business.
You know, I think many more should take that road, including me which normally I'm pretty good at.
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Old 04-12-2008 | 06:03 PM
  #3063  
p1ayn's Avatar
Used to get weekends off
 
Joined: Dec 2006
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From: BusFo
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Originally Posted by CRJDriver
I'm hiding.

I bought some Mesa stocks for .64 cents
Ok, i know we have flown together once, but next time I am delegating my PIC authority and demanding where the H#LL you get your awesome Avatars! LOL!
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Old 04-12-2008 | 08:29 PM
  #3064  
Diver Driver's Avatar
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Joined: Mar 2007
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From: Tiki bar
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Originally Posted by H46Bubba
At least you won't be out much when it tanks!
Well... he didnt tell ya that he mortgaged the farm and bought 10,000 shares...
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Old 04-12-2008 | 10:02 PM
  #3065  
Gets Weekends Off
 
Joined: Mar 2006
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From: Happy FO
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I finally get a chance to read the web as I have been busy flying on my 20 hour three day trip! Didn't think we had any of theses anymore!
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Old 04-13-2008 | 03:44 AM
  #3066  
willflyforcash's Avatar
Gets Weekends Off
 
Joined: Aug 2007
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From: A320 starboard... Arrrr
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I was thinking about buying 500 bucks of Frontier Stock. Its down to 48 cents. Anyone have any insight about buying stock from a Chapter 11 company?
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Old 04-13-2008 | 05:46 AM
  #3067  
Gets Weekends Off
 
Joined: Feb 2007
Posts: 3,045
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From: FO
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Originally Posted by willflyforcash
I was thinking about buying 500 bucks of Frontier Stock. Its down to 48 cents. Anyone have any insight about buying stock from a Chapter 11 company?

The stock won't be worth anything when they emerge so you are jsut burning money. Chances are the stock will be De-listed, like Delta's was during their BK.
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Old 04-13-2008 | 05:47 AM
  #3068  
Gets Weekends Off
 
Joined: Feb 2007
Posts: 3,045
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From: FO
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Originally Posted by p1ayn
HOLY CR#P...No posts since yesterday? Where did everyone go?
To the bar
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Old 04-13-2008 | 06:51 AM
  #3069  
flycrj200's Avatar
Gets Weekends Off
 
Joined: Dec 2007
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From: A320 FO
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Originally Posted by willflyforcash
I was thinking about buying 500 bucks of Frontier Stock. Its down to 48 cents. Anyone have any insight about buying stock from a Chapter 11 company?
Not a good idea. When the company get out of chapter 11, if they do, your stock will be worthless becasue the company will issue new stock to the new investor.
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Old 04-13-2008 | 08:15 AM
  #3070  
rickair7777's Avatar
Prime Minister/Moderator
Veteran: Navy
 
Joined: Jan 2006
Posts: 44,870
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From: Engines Turn or People Swim
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Originally Posted by willflyforcash
I was thinking about buying 500 bucks of Frontier Stock. Its down to 48 cents. Anyone have any insight about buying stock from a Chapter 11 company?
It is remotely possible that stockholders will get something, but in most cases they will not. The only reason it's even trading at all is because of short term speculation, not because anyone thinks it has long-term value.
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