Tempted to buy some XJT stock
#11
Line Holder
Joined: Jan 2007
Posts: 78
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From: Airline Captain (cargo)
hi guys,
I'm also interested to buy some airline stocks. Two companies I have been looking into is Skybus and Virgin America. Both have a significant airbus orders for the future.
I agree with some guys here, that fuel prices are going to be a draw back, but I belive that airlines will just increase the flight rate a cople of dollars and that will solve the problem, and people are willing to pay few dollars extra.
Any comments would be grate guys,
Good luck
I'm also interested to buy some airline stocks. Two companies I have been looking into is Skybus and Virgin America. Both have a significant airbus orders for the future.
I agree with some guys here, that fuel prices are going to be a draw back, but I belive that airlines will just increase the flight rate a cople of dollars and that will solve the problem, and people are willing to pay few dollars extra.
Any comments would be grate guys,
Good luck
#12
Gets Weekends Off
Joined: Jul 2006
Posts: 1,724
Likes: 0
From: Boeing Hearing and Ergonomics Lab Rat, Night Shift
good luck KDUA ;-)
Seriously though, rule#1
DON'T BUY AIRLINE STOCK! ANY AIRLINE STOCK
It's a bad investment with poor returns.
If you work in this industry you just increased your exposure to any turndown, that's the last thing any of us need!
Many other companies that do much better to buy...
For long term investment advice I highly recommend investing in companies that you know well and believe in (call it insider information if you wish)
Historical advice:
I bought TWA at $2something how could it go lower eh?
They had new planes and had worked out most of their issues.
I figured I'll buy a thousand shares and it goes up a buck and I'm out...
then came American...
Cheers
George
P.S. This is not a slam on expressjet, they seem to have a first-class operation and I wish them well...
Seriously though, rule#1
DON'T BUY AIRLINE STOCK! ANY AIRLINE STOCK
It's a bad investment with poor returns.
If you work in this industry you just increased your exposure to any turndown, that's the last thing any of us need!
Many other companies that do much better to buy...
For long term investment advice I highly recommend investing in companies that you know well and believe in (call it insider information if you wish)
Historical advice:
I bought TWA at $2something how could it go lower eh?
They had new planes and had worked out most of their issues.
I figured I'll buy a thousand shares and it goes up a buck and I'm out...
then came American...
Cheers
George
P.S. This is not a slam on expressjet, they seem to have a first-class operation and I wish them well...
#13
Actually, our branded loads have been great. I was looking at loads today out of SAN, ONT and MCI.... and almost everything is up between the mid 30s to low 40s. Pretty respectable for a 6 month old operation if you ask me. From previous conference calls management has stated that we are prepared to take losses for the first 6-8 quarters of the branded operation.
#14
Banned
Joined: Jan 2006
Posts: 6,929
Likes: 0
From: A-320
Im done worrying, there is ABSOLUTELY nothing I can do about, go to work, fly from A to B and contribute my time to the UNION,
. Whatever happens happens...........
. Whatever happens happens...........
Last edited by JoeyMeatballs; 11-20-2007 at 04:02 PM.
#15
#16
Thread Starter
Gets Weekends Off
Joined: Mar 2007
Posts: 134
Likes: 0
From: No more APC 4 me. Quit because of moderation.
XJT touched $2.30 a share today. Who would have ever thought....?
I think I will wait for an announcement from the company before buying into the stock. No telling how low it can go. No support anywhere.
I think they will have to close down branded to stop the bleeding, and then concentrate on being the best 50 seat regional out there. JMHO.
I think I will wait for an announcement from the company before buying into the stock. No telling how low it can go. No support anywhere.
I think they will have to close down branded to stop the bleeding, and then concentrate on being the best 50 seat regional out there. JMHO.
#17
Its market cap is nearly 3 times that of its value, its margins suck badly, poor quarterly revenue growth, negative cash flow that has been consistently getting worse, and over 10% of outstanding shares are shorted. No dividends and its down over 68% over the subsequent 52 weeks.
The stock is below the industry average (and its competitors) on damn near everything:
http://finance.yahoo.com/q/co?s=XJT
The 50/200 day MA is perfect example of a stock that sucks:
http://ichart.finance.yahoo.com/z?s=...&p=m50,m200&a=
Whoever buys this stock deserves to get burned on it.
The stock is below the industry average (and its competitors) on damn near everything:
http://finance.yahoo.com/q/co?s=XJT
The 50/200 day MA is perfect example of a stock that sucks:
http://ichart.finance.yahoo.com/z?s=...&p=m50,m200&a=
Whoever buys this stock deserves to get burned on it.
#18
Gets Weekends Off
Joined: Sep 2007
Posts: 181
Likes: 0
I'd like to see the branded operation work because I'm still rooting for my old company, but let's face it, the odds are slim. XJT doesn't even want to release traffice data because they know that the other airlines will move in a crush them. So basically, they can't even get up an running anywhere. We can agree to disagree, but I don't think the branded operation is the way to go. I give it a very low chance of working out and ever making any money.
They really should be working on getting more business and signing more agreements with other airlines, much like they did with Delta.
They will be kicking themselves, if it turns out that Southwest decides to contract with rj feed too. XJT could have had that, had they not decided to compete with SWA instead. Bad move in my opinion.
They really should be working on getting more business and signing more agreements with other airlines, much like they did with Delta.
They will be kicking themselves, if it turns out that Southwest decides to contract with rj feed too. XJT could have had that, had they not decided to compete with SWA instead. Bad move in my opinion.
I would like to think that the people that made this choice know more than you or I, but I don't know if it was the right choice either. I think we need to give it time. Besides we're just pilots anyway. I have an finance degree and I still don't pretend to know whats going on but for some reason some people that sling gear of a living seem to know everything.
ALSO - Southwest can not just "decide" to contract RJ feed. Their pilots have pretty iron clad scope clause - it's been posted (feel free to do a search) and I don't think it's something we'll see.
The company was put in a tough spot. Our CPA with CAL was writen by CAL not XJT so that when they IPO'd us it would work out for them. Now we have some tough language and red tape in there that (I assume) most other RJ operators don't have to deal with and we were handed 69 airplanes. You can't compare our situation to anyone else because the fact that our CPA with CAL is booby-traped.
I also don't think we can call startup costs "bleeding". I mean really we needed to do alot of stuff. Starting an airline when everything you use is owned by Continental isn't cheep or easy. I think you're jumping to conclusions just a little too fast here. Lets wait untill the XJT stuff has been operating for 2 years before we start throwing ideas like this around. The company has the cash to float it for at least 3 more years.
Last edited by ChinsFive; 11-21-2007 at 02:58 PM.
#20
Gets Weekends Off
Joined: Dec 2005
Posts: 417
Likes: 0
From: 170 babysitter
Its market cap is nearly 3 times that of its value, its margins suck badly, poor quarterly revenue growth, negative cash flow that has been consistently getting worse, and over 10% of outstanding shares are shorted. No dividends and its down over 68% over the subsequent 52 weeks.
The stock is below the industry average (and its competitors) on damn near everything:
http://finance.yahoo.com/q/co?s=XJT
The 50/200 day MA is perfect example of a stock that sucks:
http://ichart.finance.yahoo.com/z?s=...&p=m50,m200&a=
Whoever buys this stock deserves to get burned on it.
The stock is below the industry average (and its competitors) on damn near everything:
http://finance.yahoo.com/q/co?s=XJT
The 50/200 day MA is perfect example of a stock that sucks:
http://ichart.finance.yahoo.com/z?s=...&p=m50,m200&a=
Whoever buys this stock deserves to get burned on it.
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