At this point, any good news or even hint of good news will cause the stock to go up by a buck or two. If you want to make a quick $1000, but $2500 in RJET stock and set it to sell as soon as it hits $3.10.

But... if there is no good news, look for it to stable off at about $1.50 until bankruptcy is announced.

 

I will admit my position is bitter, I lost some money recently. Was trying to make money on risky stocks and lost this time.

 

So the stock might go up and if so I can make some money. But it might also go down? Great assessment...

 

Can anyone tell me how things have changed since the new contract. The only specific things I had heard earlier in the threads was that Republic was abusive in their treatment of pilots- now all I ever read are just general "don't go there" type comments.
I know the pay is better there due to the new contract. But what is the feeling there? How is the relationship with scheduling? How are the hotels? How are the schedules/lines?
Please help I need specifics - but not interested in hearing about bankruptcy and speculation. I understand those risks.

 

I don't have answers to these but as far as the exodus of pilots it seems to be moving in the right direction. The first class of Jan started full, my class at the end of the month has 32 new hires and classes are now full until end of April.

 

I assume that number is mix of new hire and current pilot transition, right? Or is 32 really all new hires?

That's great to hear that class are filled until end of April but are people really going to wait around 3+ Months to start? Perhaps RAH will increase the class capacity or frequency to minimize new hires jumping before even starting. Again, sounds like a great news for the Company.

 

5 day trips have become the new norm. Morale has improved a bit now that the decade long contract bull**** is finally done and over with. Make no mistake, we're still a bottom feeder regional and you will be treated accordingly. Hotel quality is really all over the map. In some cities we'll stay in exceedingly nice hotels whereas some layovers are in motels that barely qualify as a a Super 8. Yes we stay at Super 8 motels in some places. The new contract calls for a " Hotel Quality Handbook" to be implemented as a guide for hotel selection, but unfortunately it's one of those things that HQ will be "working on" indefinitely and will never be actually implemented.

The main thing to remember about working here. A CBA is not a legally binding document here. It is merely a book of suggestions and guidelines that can and will be reinterpreted at the company's sole discretion. They're more or less playing nice now. But since the staffing issue has been solved by the parking of so many airplanes and the increae in hiring, the gloves will be coming off again soon enough. A leopard doesn't change its spots.

 

$1.90 and still falling....

 

Have you seen the rest of the market today??


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So it's good time to buy right???