USA320Pilot
Veteran
- May 18, 2003
- 8,175
- 1,539
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So you want the fruits of your efforts to build an airline to be dripped back to you solely in shrunken wages? Many people complain when an airline does well financially that they don't share that with the employees. Buying stock in your company allows you to benefit from all the sacrifices that came before. If your outlook for the company is so bleak that you can't have faith in the stock, why not pick up and go someplace that is successful? You can't bet the farm on company stock a la Enron, et. al., but if you want to claim credit for the success of an airline, why not get paid back too?PITbull said:I don't think I personally would be thinking of buying any stock in the company :down: If I had a choice of airline stocks, it would be limited and I would be buying SW on a dip, or AirTran.
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luvn737s said:So you want the fruits of your efforts to build an airline to be dripped back to you solely in shrunken wages? Many people complain when an airline does well financially that they don't share that with the employees. Buying stock in your company allows you to benefit from all the sacrifices that came before. If your outlook for the company is so bleak that you can't have faith in the stock, why not pick up and go someplace that is successful? You can't bet the farm on company stock a la Enron, et. al., but if you want to claim credit for the success of an airline, why not get paid back too?
I know folks who have paid off their mortgage with AWA stock gains post 9/11.
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Airline stocks are just bad investments in the long haul. Too volitile and don't pay a dividend. Employees should be tied to profit sharing as compensation and take stock only if it is handed to them by the company. Then dump it.
PITbull said:Airline stocks are just bad investments in the long haul. Too volitile and don't pay a dividend. Employees should be tied to profit sharing as compensation and take stock only if it is handed to them by the company. Then dump it.
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EricLv2Fish said:Key word being "long haul". Timing is everything. AWA stock was easily predictable the last couple of years. Buy right before quartely reports released and sell a couple of weeks later.
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