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CHQ/REP, Bedford sells off a large amount of shares???

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Maybe because they aren't worth anything... Or at least shouldn't be.

How a Regional Feeder can be worth more than its Mainline contractor is totally beyond me.
 
Dash8 said:
Heard that there was an sec filing yesterday that bedford sold off a crap load of his shares in republic

fwiw, i heard it as a rumor, searched sec site and found nothing yet

if it's true, why?
Click to expand...

Maybe to buy Comair.
 
Maybe he is just smart. I dumped all my airline stock today around 3:00, including AirTran.

All of CHQ / Republic / Freedom / et. al. 's clients are bankrupt. It is not going to be pretty for anyone.
 
DDpaysoff said:
I don't know about that, but I heard the Freedom feeder flying is as good as gone.
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You wish.......in bankruptville they are going to have to keep them so the numbers look pretty, I doubt if anyone can produce lower cost than the deal Mesa inked with Delta for the feed. Mesa is staying. JO knew what was ahead when he threw this all together. He may be an a$$hole, but he's a rich smart a$$hole.

Piker
 
Maybe because they aren't worth anything... Or at least shouldn't be.

How a Regional Feeder can be worth more than its Mainline contractor is totally beyond me.
Click to expand...


You obviously have NO CLUE about the stock market. The actual price of a stock has no bearing on how much value it has. A stock priced at $3.00 could be considered much more expensive that a stock priced at $95.00. You have to look at is price to earning ratio (P/E) to determine growth as well as the companies outstanding shares. In this case, you could say Republic (RJET) is overvalued at $13.00, meaning its not worth paying 13 for it. Most investors say that with RJET's Low P/E ratio and current outstanding shares, it might be worth $13.00. Do some homework.

As for the selling of the shares. I havent heard of Bedford cashing in on his stock. I know that with some companies preffered stock, executives are required to sell it within a certain amount of time, like when they did the IPO. Bedford recieved an amount of shares initially, then was required to sell it within a couple of days of the IPO.

Wexford capital no longer owns a controlling share of RJET as a result of their recent stock offering.

Please forgive the spelling.....
 
Go to yahoo finance an type in RJET if you are interested in filtering out the crap on this site. You can click on major shareholders on the left hand side and see who holds what and how much.

Bedford exercised 50,000 shares on sept. 1 2005 worth about 500,000. He still owns somewhere in the nieghborhood of 300,000 shares. This amount of sell-off is hardly something to be alarmed about and is a normal function of any investor.
 
It looks like our illustrious leader has been selling around 25,000 shares a month all year, grossing around $300k monthly. What a good, caring, Christian, filthy rich basterd he is..

..CT
 
Chip said:
You obviously have NO CLUE about the stock market. The actual price of a stock has no bearing on how much value it has. A stock priced at $3.00 could be considered much more expensive that a stock priced at $95.00. You have to look at is price to earning ratio (P/E) to determine growth as well as the companies outstanding shares. In this case, you could say Republic (RJET) is overvalued at $13.00, meaning its not worth paying 13 for it. Most investors say that with RJET's Low P/E ratio and current outstanding shares, it might be worth $13.00. Do some homework.

As for the selling of the shares. I havent heard of Bedford cashing in on his stock. I know that with some companies preffered stock, executives are required to sell it within a certain amount of time, like when they did the IPO. Bedford recieved an amount of shares initially, then was required to sell it within a couple of days of the IPO.

Wexford capital no longer owns a controlling share of RJET as a result of their recent stock offering.

Please forgive the spelling.....
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Oh please don't lecture me.

NO REGIONAL FEEDER deserves to be more valuable than its mainline contractor PERIOD.

If the contractor goes the way of the Dodo so does the feeder.

Get a grip my man. CHQ/RP is in NO WAY worth anything if its mainline partners are worth nothing (and they are all pretty much worthless). It's COMMON SENSE not an MBA that tells you this.
 
Chicken Taco said:
It looks like our illustrious leader has been selling around 25,000 shares a month all year, grossing around $300k monthly. What a good, caring, Christian, filthy rich basterd he is..

..CT
Click to expand...

He is a first class pr*ck all the way.

Mesaba warned us when he came over....
 
I was there when he "came over" and heard the warnings from the Mesaba guys since I jumpseated with them often. As a line grunt pilot you most likely learn to hate him, but his job isn't to be popular with pilots. He was brought in by Wexford to grow the company and eventually take it public. He succeeded, plain and simple. Say whatever you want about him but CHQ doesn't even closely resemble the company I worked for (6/99 hire date). And that's only been 6 years...
 
It looks like our illustrious leader has been selling around 25,000 shares a month all year, grossing around $300k monthly. What a good, caring, Christian, filthy rich basterd he is..
Click to expand...


Yeah, that whole capitalism thing really sucks, don't it? :rolleyes:
 
The selling of shares is to secure more postions on 170 and now 190 ejets, as per Aviation International News.. Sorry all you regional guys who are not with CHQ, They are the hottest, most inovative and fastest growing and best regional in the country and possibly the world. Bedford has created a one of kind company that will fill the need specifically tailored to each codeshare. You can say what you will but, the growth,future and numbers say it all.
 
hellas said:
The selling of shares is to secure more postions on 170 and now 190 ejets, as per Aviation International News.. .
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.....so your saying Bedford sold is OWN PERSONAL shares (cause that's what this thread has been referring to so far) so he could fund more airplanes.

I will not be surprised to see orders for more 170's & 190's.....but I would also not be surprised to see a big sh*t sandwich end up in CHQ's picnic basket. Skywest, ASA, and Mesa are most likely protected from seeing any Delta backlash. That leaves Comair and CHQ. If Comair gets sold to Mesa like I hear a bunch of guys laughing about (a$$holes).....Mesa will probably work the same deal as Skywest and Comair would also be protected.......who does that leave. I'm not saying CHQ is f*cked, but I'm saying it has the potential to be in regards to the 135/145.

Piker
 
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Oh please don't lecture me.

NO REGIONAL FEEDER deserves to be more valuable than its mainline contractor PERIOD.

If the contractor goes the way of the Dodo so does the feeder.

Get a grip my man. CHQ/RP is in NO WAY worth anything if its mainline partners are worth nothing (and they are all pretty much worthless). It's COMMON SENSE not an MBA that tells you this
Click to expand...

LegacyDriver,
I'll try and clarify for you, even though it looks like you dont care if you are wrong.
Just because the PRICE of a regional stock is higher than the price of a major carrier stock it does not mean that it has more value, it does not even mean that it is more expensive. Price has nothing to do with ANYTHING unless you buy or sell. Warren Buffet never looks at the price of a stock, ever. In theory, Delta could be at $95.00 right now and still be worth nothing!!! Re-read my first post about figuring out the value, and pricing of a stock. Also, being a deserving company doesnt have anything to do with economics or the stock market. The stock market has NO emotion.

RJET might be down the tubes if its partners are as well, but the company still seems to make a profit and capitalize at the expense of their partners. The Majors have never been in such a decline as the past 4 years and RJET has never gorwn like it has in the past 4 years. Deserving or not, it has no bearing on the issue.
I dont have an MBA by the way, just an economics degree, and these concepts are covered in the basic classes as a freshman.

I would like to know something else too. Why is it that when anybody takes advantage of this capatalistic economy, people get angry? Its what our economy has been based on forever and its one of the beauties of this country. Plus, if anyone else was in a position to cash out and make some money within the market, I'm sure they would do the same thing as Bedford (probably in a smaller way though) Can you really not see past the tip of your noses?
 
I think with ASA Skywest they got all the 50 seaters they want. But they sure like the 170. And Shuttuplic has all the options for sometime. So I would say we are not in a bad position. For today!! Sucks for the rest of our careers.
 
Once DL pax get a taste of the difference between the 170 and the CRJ700, CHQ will win in the end. Bedford wants to get rid of all the 135/140/145's, so I'm not to worried about any backlash comming our way.
 
Popeye0537 said:
Once DL pax get a taste of the difference between the 170 and the CRJ700, CHQ will win in the end. Bedford wants to get rid of all the 135/140/145's, so I'm not to worried about any backlash comming our way.
Click to expand...

I'm pretty sure your flamebait,but............ so what happens when your 135/140/145's go away. Are they going to Furlough out of order again?

DL pax will not determine shi.t. CPSM will.

Piker
 
hellas said:
The selling of shares is to secure more postions on 170 and now 190 ejets, as per Aviation International News.. Sorry all you regional guys who are not with CHQ, They are the hottest, most inovative and fastest growing and best regional in the country and possibly the world. Bedford has created a one of kind company that will fill the need specifically tailored to each codeshare. You can say what you will but, the growth,future and numbers say it all.
Click to expand...

I cant find this article, does it say who he thinks the 190 will be flown for?
 
Ignore P/E Ratios and all that nonsense. Listen to the voice in your head. RJET is a speculative stock at best currently. It is a highly leveraged company dependent entirely upon bankrupt (United, USAirways, Delta) and nearly bankrupt (American) carriers for its revenue. It operates on very tight margins. If the codeshare contractors die, CHQ will be the next FLYi.

This stock will make a lot of money for you as long as it isn't in your hand when the music stops.

Things could change, but as it stands now, you would be a fool to buy this stock. Just my view. The logic of it escapes me...
 
Also I think the anger over Bedford's actions are his resistance to allowing employees to buy the stock the same way the "management team" did. The employees making less were expected to pay for it at market price (and thus pay more to acquire it). "Leadership" got it for much less...or at least tried to until the uproar caught their attention.

Meanwhile, Bedford, who is really just a glorified facilitator (it doesn't take a lot of genius to take a hihgly motivated workforce and combine it with a huge pile of capital financing to do what he has done). He is hugely overrated. His crews and rampers are what make his machine run...not his "management team."
 
I hate typos....

"Meanwhile, Bedford, who is just a glorified facilitator (...) Is hugelu overrated."

That makes more sense. Sorry.

H*ller couldn't lead a shark to blood either, BTW. But he can sure find sexretaries when it suits him. :P
 

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