Originally Posted by
kahaha
You were so right, its now $5.23 , will you be buying when it slumps below $5 this week?
Even the rights shares at 45 cents have had a luke warm response.
CX at sub $4 values will really shake thingsup.
All A ans B scalers really need to look in the mirror and say is it right that Im bleeding my company dry, to keep my boat afloat?
( in some cases literally )
When 3 shareholders own 85 percent of the stock (2 of which own 75 percent) its share price is irrelevant. You have what is effectively a holding company partnership — which this airline has been for many many years. The ‘shareholder’ concept being there solely to exploit the liability benefits of a public traded company.