missed my point
Last Trade
7:22pm · 0.60
Change
-1.85 (-75.51%)
Prev Cls
2.45 Open
Volume
65,800
My point was: what were the details of the pilot give back, my understanding is that pilots gave up 35% of their pay for stock options. The next thing the company goes 11 and drives the stock down 75%. Sounds like thay got shafted.
Of course the stock could come back, but it will be worthless if they go under and have to sell assets to cover debt.
Last Trade
7:22pm · 0.60
Change
-1.85 (-75.51%)
Prev Cls
2.45 Open
Volume
65,800
My point was: what were the details of the pilot give back, my understanding is that pilots gave up 35% of their pay for stock options. The next thing the company goes 11 and drives the stock down 75%. Sounds like thay got shafted.
Of course the stock could come back, but it will be worthless if they go under and have to sell assets to cover debt.