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If I were a share holder of SKYW, I'd be PISSED OFF! Record profits every quarter and a piddly little dividend? Gimme a break! So much for the rules of a public company: Satisfy the shareholders, satisfy the customer, satisfy the labor. It's more like satisfy Jerry, satisfy the executive board, make the employees drink the cool aid, cram in the pax.
Well, the TA hasn't been approved yet so it's not big in the media yet. The stockholders are probably mostly unaware at this point. I just sold yesterday at $26. Paid a bit over $21 in July so the stock purchase plan did pretty well this time around. Did ASA get the stock purchase plan or did they already have it?
Scott
There is no doubt that the analysts and institutional investors who follow SKYW know about the TA. And obviously they haven't placed any sell orders based on this TA's impact on the bottom line.Well, the TA hasn't been approved yet so it's not big in the media yet. The stockholders are probably mostly unaware at this point. I just sold yesterday at $26. Paid a bit over $21 in July so the stock purchase plan did pretty well this time around. Did ASA get the stock purchase plan or did they already have it?
Scott
I find it interesting that Skywest stock is at a three month high when it's clear the company will be spending more on compensation at ASA.
So much for the claim that a pay raise would negatively impact the shareholders.
Its a simply concept that most American Companies just can't realize!!!
Happy Employees = Productive Employees = Happy Share Holders!!!!