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-   -   feasible for the employees to take control? (https://www.airlinepilotforums.com/spirit/148207-feasible-employees-take-control.html)

b3181981 09-10-2024 11:10 AM

feasible for the employees to take control?
 
I know it's bad advice to owe airline stocks when you're an airline pilot, eggs in one basket and all, but at what point would it make sense to take control of the company through buying the stock? At the current stock price it would cost each pilot $37000 to have 51% of the common stock.

StoneQOLdCrazy 09-10-2024 11:26 AM


Originally Posted by b3181981 (Post 3836109)
at what point would it make sense to take control of the company through buying the stock?

At no point whatsoever

CincoDeMayo 09-10-2024 12:13 PM


Originally Posted by b3181981 (Post 3836109)
I know it's bad advice to owe airline stocks when you're an airline pilot, eggs in one basket and all, but at what point would it make sense to take control of the company through buying the stock? At the current stock price it would cost each pilot $37000 to have 51% of the common stock.

And you think you could just buy up 51% of the stock…and at the current price? Haha.

PineappleXpres 09-10-2024 12:45 PM


Originally Posted by CincoDeMayo (Post 3836136)
And you think you could just buy up 51% of the stock…and at the current price? Haha.

Wouldn’t that drive the price up? Keep it low so somebody can make a move on you.

APCHCLIMB 09-10-2024 02:48 PM

Pilots take control of Spirit? lol. Probably go out of business even faster than you are now.

Could you imagine that Halon kid making CEO decisions?

Noisecanceller 09-10-2024 03:05 PM


Originally Posted by b3181981 (Post 3836109)
I know it's bad advice to owe airline stocks when you're an airline pilot, eggs in one basket and all, but at what point would it make sense to take control of the company through buying the stock? At the current stock price it would cost each pilot $37000 to have 51% of the common stock.

Why would I spend $37k or likely way more on something that’s going to zero

roketengineer 09-10-2024 04:05 PM


Originally Posted by b3181981 (Post 3836109)
I know it's bad advice to owe airline stocks when you're an airline pilot, eggs in one basket and all, but at what point would it make sense to take control of the company through buying the stock? At the current stock price it would cost each pilot $37000 to have 51% of the common stock.

Ewwww, just buy $BTC instead brah.

JulesWinfield 09-10-2024 04:18 PM


Originally Posted by Noisecanceller (Post 3836189)
Why would I spend $37k or likely way more on something that’s going to zero

Like a Miata

WHACKMASTER 09-10-2024 04:31 PM


Originally Posted by JulesWinfield (Post 3836207)
Like a Miata

Oh no you didn’t!

FLYBOYMATTHEW 09-10-2024 06:00 PM

Shall we name it "Emu International Air Lines"?

https://en.m.wikipedia.org/wiki/Kiwi...onal_Air_Lines


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