Quote:
Originally Posted by merit
I cant agree with that. The buy back in my eyes was a necessary evil. The company had to purchase the stock back as the stock has fallen more than 60% this year. It was a risky move to invest the cash that I believe, we'll need.
Likewise, this should be every pilot, employee, stockholder, or manager's biggest concern at this point. Without CAL feeding the airline a constant diet of guaranteed cash, I find it very difficult to fathom XJT would continue to exist.
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Sounds like you're the guy that's going to tell me, "I told you so" when the stock goes to $1. At least I'll be able to buy a beer with my stock.
