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

[h25b]

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...

 

[Corbon]

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..

Yeah, that whole capitalism thing really sucks, don't it?

 

[hellas]

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.

 

[FlyinPiker]

The selling of shares is to secure more postions on 170 and now 190 ejets, as per Aviation International News.. .

.....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

 

[Chip]

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

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?

 

[SkywayFO]

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.

 

[Popeye0537]

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.

 

[FlyinPiker]

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.

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

 

[FR8mastr]

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.

I cant find this article, does it say who he thinks the 190 will be flown for?

 

[FlyinPiker]

I cant find this article, does it say what he thinks the 190 will be flown for?

The mexican peso.......mucho of them.

Piker

 

[LegacyDriver]

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...

 

[LegacyDriver]

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."

 

[SlapShot]

His crews and rampers are what make his machine run...not his "management team."

You mean W.H. is not an operations genius?

 

[LegacyDriver]

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.

 

[LegacyDriver]

Hugely...

Man typos suck. They are a plague!!! Or is it plaque? Haha.