SKYW stock tumble?

[Clutch]

Jessica Biel + Google = awesome pictures.

Screw airline chatter. I'm eTing a pop tart. And beer(s). High five!

That 5 a.m. wake-up tomorrow is going to be a bitchlesberg..

 

[damnflyboy]

That 5 a.m. wake-up tomorrow is going to be a bitchlesberg..

I love the logic, but I hate the truth. Goodnight Neverland.

 

[badog]

Gordon Bethune:

"It's the old adage: You can make a pizza so cheap, nobody will eat it. You can make an airline so cheap, nobody will fly it. They had taken so much cost out that the value wasn't there for the average person. A watch only has value when it's reliable and consistent, and an airline only has value when it's reliable and consistent, and we were not. And we needed to become that, and no one had ever addressed that issue. It's not about market strategy. It's not about the flight attendants with a Kate Spade handbag. It's about getting there safely on time with your underwear every time you fly."

Sometimes it takes a firm slap in the face. I believe we're there. Regionals, meet accountability.

POW right in the kisser !

 

[Stifler's Mom]

Lots of Reasons to Sell

It expects its financial results for the quarter ended June 30, 2011, to be lower than it previously anticipated

* Says estimates that its financial performance will be breakeven for the quarter ended June 30

* Says currently estimates that its financial performance will be breakeven for the quarter ended June 30, 2011

* Anticipates that during the remainder of 2011 Skywest will experience higher than anticipated expenses

* Currently sees aggregate impact of additional crew costs for the quarter ended June 30 will to be about $14.5 million

* Says financial results for third and fourth quarters of 2011 will be significantly lower than previously anticipated.




Of the 6 analysts following SKYW, 2 Analysts have SKYW as a STRONG BUY, and 2 as HOLD. Could get worse if any of these downgrade the stock on this info.

 

[damnflyboy]

Bob Crandall, former CEO of American Airlines:

“I’ve never owned any stock in American Airlines or any other airline and urge you to do the same.”

Maybe not the best thing to ever exit the mouth of an airline CEO, but quite possibly the most honest. Good advice to say the least. There are always exceptions, but it's an investment rule that I'll certainly implement.

 

[Freebrd]

wall street's reaction to "SureJet", WTF are these managers thinking!!!!

 

[Erlanger]

Folks relax. Don't read too much into the downgrade reports. It's a NASDAQ stock and easily manipulated. Raymond James, the biggest Skywest stock Market Maker is in bed with Jerry and the BOD.

 

[bri5150]

Folks relax. Don't read too much into the downgrade reports. It's a NASDAQ stock and easily manipulated. Raymond James, the biggest Skywest stock Market Maker is in bed with Jerry and the BOD.

Nice!! Don't worry folks. Our management is corrupt enough to keep us out of trouble. :cartman:

 

[Oakum_Boy]

t

wall street's reaction to "SureJet", WTF are these managers thinking!!!!

You may not be far off. The Surejet episode is still being covered as early as yesterday. In a similar vein, Wikipedia has the Surejet debacle logged for future generations to amuse themselves with.

 

[xjlifer]

Surejet??