MickeySlapnutz
I just wanna be loved....
- Joined
- Feb 11, 2005
- Posts
- 116
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JB Bus Drvr said:SMMustang,
I too have holdings in my company and I'm confident in my investment. It's also my retirement.
PastFastMover said:Whoa, I hope it works out. There have been hundreds if not thousands of pilots that worked at a company and thought that their stock in that company would be their retirement. The landscape is literally laced with the dashed dreams. Like I said at first I hope it works out, but if it doesn't, my advice from over 30 years in this biz is to DIVERSIFY...DIVERSIFY...DIVERSIFY.
Why have all your eggs in one basket? The weasels can eat a hole in that basket before you know it.
Good luck!
JB Bus Drvr said:SMMustang,
I too have holdings in my company and I'm confident in my investment. It's also my retirement. If you've lost confidence in the stock, liquidate. I bet there's enough investors out there who won't have any problem buying your shares. As I recall, there's always a disclaimer attached to every stock offering I've ever read. Be patient. Other than that, life is pretty good here.
Falconjet said:You know, there ARE other stocks out there. Why don't you try some IBM or GE and hold on to them?
Especially GE. I know this company well, and it will be $39-$42 by year end, and grow 10-15% a year. Like SWA, their management is top-notch.
Falconjet said:You know, there ARE other stocks out there. Why don't you try some IBM or GE and hold on to them? Why does your backup have to be in the airline industry?
Also, I don't understand how we as pilots can sit around and bitch all day long about poor management but when one airline's management team does something brilliant (fuel hedges at SW) some people don't want to give them credit for it. The fact is SW used its CASH and business acumen to purchase fuel at prices that allowed it to turn a profit despite record low fares. Now that is smart management.
FJ
WOXOF said:Keep in mind that we are replying to a post by someone with the screen name of: Mickey Slapnutz.
Nuff said.