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?
DDpaysoff said:I don't know about that, but I heard the Freedom feeder flying is as good as gone.
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.
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.....
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..
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..
hellas said:The selling of shares is to secure more postions on 170 and now 190 ejets, as per Aviation International News.. .
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