SWA vs Allegiant?

Reply Subscribe

Page 2 of 4

Thread Tools

Search this Thread

09-24-2021, 07:41 PM

#11

TransWorld

Gets Everyday Off

Joined APC: Aug 2016

Position: Fully Retired

Posts: 7,000

Quote:

Originally Posted by Margaritaville

Oh, so we're going to evaluate an airline's health solely on the stock price now? Cool.

DAL 44.43
UAL 53.88
AAL 22.22
LUV 54.55
SAVE 32.01
JBLU 17.18
ALGT 190.27

Under your ridiculously simplistic financial analysis, ALGT looks pretty good!

And suppose ALGT does a 10 for 1 stock split. It would then be about $1.90 per share. What does that tell you? Nothing.

09-24-2021, 10:53 PM

#12

KC135

Gets Weekends Off

Joined APC: Jun 2015

Position: A-320

Posts: 680

Quote:

Originally Posted by TransWorld

And suppose ALGT does a 10 for 1 stock split. It would then be about $1.90 per share. What does that tell you? Nothing.

Wasn’t that their whole point? M-ville referred to comparing airlines by only their stock prices as ridiculous, to me that implies an understanding of market cap.

09-25-2021, 10:27 AM

#13

Humblepielot

Gets Wednesdays Off

Joined APC: Jul 2013

Posts: 28

Quote:

Originally Posted by TransWorld

And suppose ALGT does a 10 for 1 stock split. It would then be about $1.90 per share. What does that tell you? Nothing.

10-1 stock split would be 19.00 per share in this senario. Pilots for the win.

09-25-2021, 12:59 PM

#14

TransWorld

Gets Everyday Off

Joined APC: Aug 2016

Position: Fully Retired

Posts: 7,000

Quote:

Originally Posted by Humblepielot

10-1 stock split would be 19.00 per share in this senario. Pilots for the win.

How about 100 to 1 stock split. Sorry, my math goes downhill after the third beer. Or was that the thirtieth beer?

09-26-2021, 08:49 AM

#15

Margaritaville

It's 5 o'clock somewhere

Joined APC: Oct 2020

Posts: 2,215

Quote:

Originally Posted by Halon1211

lol, you clearly don’t understand how the stock works...it’s not just the share price. You also have to look at outstanding shares...it’s okay you are probably just a pilot.

Go away Troll. Shoo.

09-26-2021, 08:52 AM

#16

Margaritaville

It's 5 o'clock somewhere

Joined APC: Oct 2020

Posts: 2,215

Quote:

Originally Posted by TransWorld

And suppose ALGT does a 10 for 1 stock split. It would then be about $1.90 per share. What does that tell you? Nothing.

My post from 3 months ago was sarcasm directed at a pilot who suggested my company was failing because the stock price dropped from an all time high.

But thanks for your financial wisdom. I'm sure we're all real impressed.

09-26-2021, 08:55 AM

#17

KirillTheThrill

Banned

Joined APC: Jun 2021

Posts: 794

Quote:

Originally Posted by Halon1211

lol, you clearly don’t understand how the stock works...it’s not just the share price. You also have to look at company’s float...it’s okay you are probably just a pilot.

Fixed it for you. When you say “outstanding shares” that’s comparable to referencing the Thrust Levers as “Throttles”.

Btw non of us should be bragging about our airline’s stock price. Go look at the 5 year chart for most publicly traded airline stocks, it’s embarrassingly bad. Most have lost value in a 5 year stretch, yikes. You have a couple like SWA and ALGT with 50% gains, SkyWest has a 90% gain over 5 years, which is the highest I’ve seen. Now go reference the SPY 5 year chart, SUBSTANTIALLY lower risk, 110% gain. Nobody should be buying airline stock unless it’s a swing trade, it’s a terrible long term investment.

My favorite is Spirit, highest growth %, stock is down 33% over 5 years! Have mercy!

Last edited by KirillTheThrill; 09-26-2021 at 09:37 AM.

09-26-2021, 11:20 AM

#18

TransWorld

Gets Everyday Off

Joined APC: Aug 2016

Position: Fully Retired

Posts: 7,000

Quote:

Originally Posted by Margaritaville

There are a number of pilots I have run into that do not understand simple financial perspectives. My comment was aimed at them, not you. I will take your body slam, and keep on posting. Thanks!