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Old 02-11-2017 | 07:16 AM
  #5621  
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From: Downward Dog
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They just announced spending $100,000,000 on buying back their own stock certificates to shred them up while we got a .35¢ paybump and nobody cares.
Pipers? Shrug.
Water bottles? BURNITDOWN!
Old 02-11-2017 | 10:10 AM
  #5622  
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Originally Posted by WesternSkies
They just announced spending $100,000,000 on buying back their own stock certificates to shred them up while we got a .35¢ paybump and nobody cares.
Pipers? Shrug.
Water bottles? BURNITDOWN!
There are many reasons for stock buy backs. All have to do with financial engineering and none with flushing money down the toilet.

Why would a company buyback its own shares? | Investopedia

Believe it or not but 100M is a relative drop in the bucket compared to the overall balance sheet. If anything, this is probably a sign of some good news ahead for the business.
Old 02-11-2017 | 10:18 AM
  #5623  
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Originally Posted by SMACFUM
Anybody have any details on the 2 or 3(?) Pipers SkyWest purchased? and the GA flight training program they are starting?

I remember a business/company name mentioned either here or on one of the Facebook groups, but for the life of me can't remember now.

Interesting that the company is keeping it under wraps
Rumor has it they invested in TransPac, a large flight school in Deer Valley, AZ. It's a large pipeline of instructors. Looks like they've bought some new planes for them
Old 02-11-2017 | 10:36 AM
  #5624  
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Anyone have any leads on where to finish up a 4 year degree online? Ive heard a lot of people going to Thomas Edison. Anyone know anything about WGU (Western Governors University? Seems to good to be true.
Old 02-11-2017 | 11:43 AM
  #5625  
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Originally Posted by N1234
There are many reasons for stock buy backs. All have to do with financial engineering and none with flushing money down the toilet.

Why would a company buyback its own shares? | Investopedia

Believe it or not but 100M is a relative drop in the bucket compared to the overall balance sheet. If anything, this is probably a sign of some good news ahead for the business.
Popular financial engeering ideas at a point in history does not guarantee the best or even good allocation of capital.
Sentiment is turning on buybacks.
Old 02-11-2017 | 11:54 AM
  #5626  
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Originally Posted by milmil34
Anyone have any leads on where to finish up a 4 year degree online? Ive heard a lot of people going to Thomas Edison. Anyone know anything about WGU (Western Governors University? Seems to good to be true.

My wife is doing WGU right now. Works great for someone working full time, truly self paced and reasonably priced.
Old 02-11-2017 | 01:01 PM
  #5627  
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Originally Posted by WesternSkies
Popular financial engeering ideas at a point in history does not guarantee the best or even good allocation of capital.
Sentiment is turning on buybacks.
Maybe. But raising pay will definitely not be a good allocation of capital - for the investors that is.
Old 02-11-2017 | 06:18 PM
  #5628  
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What an embarrassing thing to put on your resume...Proud alum of Western Governors University, go Govs!!!!!


Originally Posted by milmil34
Anyone have any leads on where to finish up a 4 year degree online? Ive heard a lot of people going to Thomas Edison. Anyone know anything about WGU (Western Governors University? Seems to good to be true.
Old 02-11-2017 | 06:43 PM
  #5629  
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Originally Posted by N1234
Maybe. But raising pay will definitely not be a good allocation of capital - for the investors that is.
Well, I guess as long as the airplanes are moving.
Old 02-11-2017 | 09:13 PM
  #5630  
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From: Cessna 172 CFI
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Originally Posted by milmil34
Anyone have any leads on where to finish up a 4 year degree online? Ive heard a lot of people going to Thomas Edison. Anyone know anything about WGU (Western Governors University? Seems to good to be true.

Green River College (formerly Green River Community college) Auburn, WA Is offering a BAS in Aeronautical Sciences which can be done entirely on line.
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