NG's now and it is A OK!!
- Jun 13, 2005
- Total Time
What's up with the stock, almost double the next highest (Pax) airline.
Do you find something significant with that? If you look at Market Cap (shares times stock price) you will see that ALK is under $1B while LUV, for instance, with a stock price 1/3 that of ALK has a market cap more than 7 times as large. That is because there are more than 20 times as many shares of LUV than ALK.What's up with the stock, almost double the next highest (Pax) airline.
Word on the street is that AS is for sale for $30/share. That info is being priced into the trade of the stock in case it comes to fruition......After listening to the Delta conference call this morning it is pretty clear in my mind by what was not said at minute 29.49 there is something in play for a purchase by Delta. The stock price might be partially reflecting this already.