8sugarsugar
Well-known member
- Joined
- Mar 15, 2007
- Posts
- 306
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Oh, YEAAAH!!!!!!!!!!Yeah, that was reported by XJT on one of their SEC filings last week.
I'm trying to understand why XJT stock is being punished the hardest out of all the regionals. (28 cents today verses Mesa at 51 cents).
Over the past two weeks, over 1 million shares of this stock has been dumped by major financial companies (Strs Ohio, Unionbancal Corp, Phocas Financial Corp). What is exactly going on?
I'm trying to understand why XJT stock is being punished the hardest out of all the regionals. (28 cents today verses Mesa at 51 cents).
Over the past two weeks, over 1 million shares of this stock has been dumped by major financial companies (Strs Ohio, Unionbancal Corp, Phocas Financial Corp). What is exactly going on?
Probably because they signed a deal with Continental that doesn't make financial sense for the future of the company.
I think that in order for Express Jet to make money in the CPA that they will need concessions from every labor group in the company. Mesa, on the other hand, already pays the lowest and JO can turn those cheap contracts into cash for himself, (if no one else).