Originally Posted by JetJock16

Yes it a gamble but here’s what I’m thinking.

There are many reasons for XJT underperforming stock but here are a few:
a. XJT just announced the closing of Branded.
b. They’ve announced the termination of their DelConn
c. They’ve announced future furloughs
d. They’re stock is at it's lowest price mainly due to the above 3 facts plus fuel and the US$.
e. They will be returning several a/c to their leasers and transferring others back to CAL ops.
f. They must spend a large amount of money reorganizing their fleet and closing down operations.


Why I am willing to take the risk:
a. Their future looks strong after they reorganize.
b. Yes they are losing money but that will shortly come to an end.
c. They have a good Mgmnt team.
d. They have well above average labor groups who believe in their company and are willing to go the extra mile in order to survive.
e. They are not going bankrupt unless CAL renigs on their new 7 year CPA.
f. Another investor could purchase the company which would drive the stock price up considerably.
g. With MFN Clause now gone they have the opportunity, yes down the road, to bid on new flying.

Therefore I felt very comfortable when I bought (for a conservative investor) a rather large amount of their stock yesterday at $.361 per share (to date this investment is the 2nd largest stock investment I made, 1st largest was when I bought 1500 shares in Sherwin-Williams Co. back in the early 2000’s for around $15/share............... $$$$$$$$$$ paid off HUGE after it split and settled a little above todays price). I think that XJT has a very strong future ahead of them and even though their stock is currently doing poorly, I feel that over time it will start to reflect a price more in line with the company’s actual future stability.

Only time will tell but for now I’m very pleased with my investment and I wish all XJT employees well. Keep up the good work.

Would any XJT pilots or investors care add on?

BTW, I didn’t invest more than I am willing to lose, that’s just the way I gamble.

Originally Posted by Flyby1206

Notice all your bullet points for reasons the stock is under performing are factual. Your reasons the stock will be good long term are all based on personal feeling and emotion without any solid facts. Caaaareful....

Originally Posted by IFlyForFood

Jetjock, I was thinking along the same lines as you in regards to investing a little dough their way. Nothing I'm afraid to loose, if XJT goes belly-up, so to speak. But I don't think that will happen, at least I hope not for Xjet employees, the company itself, and YOU as a new investor to them.

XJT is a reputable company, as I'm sure their CEO,etc. (at least I hope) is trying all they can to dig themselves out of this $hitty round of cards they've been dealt.

I'm kinda on the fence about whether I should take the dive and invest a tad and see where that goes......it's a risk, I know....but one that MIGHT just pay off.

Any suggestions as to a small amount to invest w/out getting too crazy?? And what on-line stock company to use that doesn't charge astronomical fees? Thanks.

Originally Posted by IFlyForFood

Any suggestions as to a small amount to invest w/out getting too crazy?? And what on-line stock company to use that doesn't charge astronomical fees? Thanks.

Originally Posted by JetJock16

Well, think of it this way. 1000 shares will cost you around $385 after fees. If they rebound to around $1 or more then you're looking at a nice profit. If you lose then you’re only out $385 which won’t break the bank.

Personally I think that, if they can make it past the reorganization, they stock price will begin to climb well above $1 and probably work its way up around $3+, maybe higher. If someone decides to attempt, or achieves, a buyout then their stock price will increase dramatically. It’s a small risk that could pay off huge; just don’t gamble more than you’re willing to lose.

Remember……………..we’re not gambling on Mesa………………it’s XJT!

Originally Posted by JetJock16

Well, think of it this way. 1000 shares will cost you around $385 after fees. If they rebound to around $1 or more then you're looking at a nice profit. If you lose then you’re only out $385 which won’t break the bank.

Personally I think that, if they can make it past the reorganization, they stock price will begin to climb well above $1 and probably work its way up around $3+, maybe higher. If someone decides to attempt, or achieves, a buyout then their stock price will increase dramatically. It’s a small risk that could pay off huge; just don’t gamble more than you’re willing to lose.

Originally Posted by dba74

you get 10 free trades a month as long as you have $2500 minimum balance with my online trading account. PM me if you want details

Originally Posted by flyviper

I'm thinking about the same thing, only I invested on DAL and LCC. =)

Originally Posted by IFlyForFood

Good advice. I guess since my Carribean get-a-way was a no-show thanks to ol' Big Bertha I won't be spending that $$$ I was on the trip, which wasn't much (under $500) we got a good deal. Well, that money was budgeted and not spent.....so I'm contemplating on perhaps jumping off the fence and throwing a tad their way.

Anyhow, thanks......what about an online trader? I've heard bits and pieces from friends/family members, but don't quite know the best one for my particular needs/usages/investing. Any suggestions? As a beginner investor, I'd like some info. Got any sites to get that? Or have an online trader you find pleasing??