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JL Dumps Air Tran Stock

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CitationLover

Aw, Nuts!
Joined
Feb 26, 2003
Posts
3,316
http://www.reuters.com/article/governmentFilingsNews/idUSN0827812820071108


NEW YORK, Nov 8 (Reuters) - The chairman of AirTran Holdings Inc (AAI.N: Quote, Profile, Research), parent of low-cost carrier AirTran Airways, revealed on Thursday that he has sold the rest of his shares in the company, according to a regulatory filing.
Joe Leonard, who stepped down from his chief executive role at the company last week and already revealed the sale of 130,000 shares this week, has sold his remaining 110,000 shares, according to a U.S. Securities and Exchange Commission filing.
Leonard, 64, sold the shares on Tuesday at prices ranging from $9.54 to $9.76, leaving him with zero shares, according to the filing.
The filing did not mention whether Leonard still held restricted stock or stock options from his chief executive tenure. According to a separate regulatory filing this week, Leonard had received a grant of restricted stock in October 2004. (Reporting by Emily Chasan; Editing by Tim Dobbyn)
 
Figures that you would be the one to post this. I think you should worry about your own house.

thats funny hearing an air tran pilot say that on this board considering all the "Timmy selling out and saving his job and money" comments.

where's the ex mesa love?
 
If I had any airline stock now, I would dump it also. I see a buying opportunity in a few weeks, though.
 
Then what are you wanking about? It sounds like anyone who does not dump their airline stock is a yutz.
 
Amen Citationlover. Where are all the Forklift Joe supporters now? What a scum bag. Airline stocks have taken a hit lately and will continue to do so but AirTran has been one of the worst stock performers of them all. Lost $5/share already in the past year.
 
Yeah but come on, the stock market is now the laughing stock market. Google 700.00 yeah ok!!!A nd United at 56.00, and may be parking planes and still work 56 a share=NOT
 
Yeah but come on, the stock market is now the laughing stock market. Google 700.00 yeah ok!!!A nd United at 56.00, and may be parking planes and still work 56 a share=NOT

google has avowed to not split the stock to keep the price down, they are following buffett's model.
 

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