JetBlue bids for Spirit Airlines
05-16-2022, 02:38 PM
#921
Gets Weekends Off
Joined APC: Aug 2011
Position: Slightly less broke side of RJ
Posts: 132
05-16-2022, 02:50 PM
#922
Banned
Joined APC: Jul 2021
Posts: 551
Pretty sure the ‘general public’ he was asking about were the shares owned by non-institutional investors.
05-16-2022, 02:59 PM
#923
Gets Weekends Off
Joined APC: Aug 2011
Position: Slightly less broke side of RJ
Posts: 132
For the record, most of the top 10 owners (representing roughly 35% he claims is ALL the general public) are large firms representing huge swaths of the public.
It's just asinine to imply that the public shareholder is not what matters in decisions such as these. Full disclosure I'm a spirit shareholder and am super ****ed I may be losing out on large returns because of the board's choices which I find are most definitely suspicious.
Last edited by l2flare; 05-16-2022 at 03:07 PM. Reason: added that i own shares
05-16-2022, 03:04 PM
#924
Perennial Reserve
Joined APC: Jan 2018
Posts: 11,792
From the WSJ:
For America’s public companies, election day comes every year when common shareholders get to vote on directors, executive compensation and other company issues.
But if you are an investor whose primary exposure to stocks is through mutual funds and retirement accounts, your role in this “shareholder democracy” is likely to be limited. That’s because votes aren’t typically awarded to small investors in mutual funds or exchange-traded funds. Instead, the asset-management company that runs the fund votes, by proxy, on behalf of the investors.
The result is that asset managers wield great power, though investors both large and small are angling to have more of a voice. With that in mind, we answer some commonly asked questions about what your money is doing when it comes to proxy voting.
But if you are an investor whose primary exposure to stocks is through mutual funds and retirement accounts, your role in this “shareholder democracy” is likely to be limited. That’s because votes aren’t typically awarded to small investors in mutual funds or exchange-traded funds. Instead, the asset-management company that runs the fund votes, by proxy, on behalf of the investors.
The result is that asset managers wield great power, though investors both large and small are angling to have more of a voice. With that in mind, we answer some commonly asked questions about what your money is doing when it comes to proxy voting.
05-16-2022, 03:24 PM
#925
Banned
Joined APC: Jul 2021
Posts: 551
Vanguard is the general public. **** like this is just annoying. you can debate the merits of one move vs the other but he's clearly taken aside and trying to float misleading crap to back his position with no actual facts. It bugs me. sorry if it's too mean.
For the record, most of the top 10 owners (representing roughly 35% he claims is ALL the general public) are large firms representing huge swaths of the public.
It's just asinine to imply that the public shareholder is not what matters in decisions such as these. Full disclosure I'm a spirit shareholder and am super ****ed I may be losing out on large returns because of the board's choices which I find are most definitely suspicious.
For the record, most of the top 10 owners (representing roughly 35% he claims is ALL the general public) are large firms representing huge swaths of the public.
It's just asinine to imply that the public shareholder is not what matters in decisions such as these. Full disclosure I'm a spirit shareholder and am super ****ed I may be losing out on large returns because of the board's choices which I find are most definitely suspicious.
Relax boo… you sound like a frat boy with White Claw breath grunting ‘just let it happen’
05-16-2022, 03:48 PM
#926
Gets Weekends Off
Joined APC: Aug 2011
Position: Slightly less broke side of RJ
Posts: 132
I'm obviously voting one way, maybe the mysterious owners of spirit vote a different way. We'll just have to wait and see. It's nice to actually have a vote with the shares I own tho.
05-16-2022, 04:13 PM
#927
On Reserve
Joined APC: Mar 2017
Position: Pilot
Posts: 21
https://www.documentcloud.org/docume...pirit-airlines
https://jetblueoffersmore.com/how-to-vote/
Pilots get more money, more money, more money with JetBlue, better layovers and hotels, better overall treatment, much more comfortable deadheads, FREE hot meals! Higher 401K, Profit sharing, you can box Mike Tyson for free and more ...............and like Obama would say "if you want to keep your base, you can keep your base". Only this time it will be true!!
Vote NO for Frontier merger......Frontier will not give us money or a raise anywhere near JetBlue, duh......... Say YES to JetBlue when you shareholders vote in June - - - -
https://jetblueoffersmore.com/how-to-vote/
Pilots get more money, more money, more money with JetBlue, better layovers and hotels, better overall treatment, much more comfortable deadheads, FREE hot meals! Higher 401K, Profit sharing, you can box Mike Tyson for free and more ...............and like Obama would say "if you want to keep your base, you can keep your base". Only this time it will be true!!
Vote NO for Frontier merger......Frontier will not give us money or a raise anywhere near JetBlue, duh......... Say YES to JetBlue when you shareholders vote in June - - - -
05-16-2022, 04:14 PM
#928
Gets Weekends Off
Joined APC: Feb 2017
Posts: 193
https://www.documentcloud.org/docume...pirit-airlines
https://jetblueoffersmore.com/how-to-vote/
Pilots get more money, more money, more money with JetBlue, better layovers and hotels, better overall treatment, much more comfortable deadheads, FREE hot meals! Higher 401K, Profit sharing, you can box Mike Tyson for free and more ...............and like Obama would say "if you want to keep your base, you can keep your base". Only this time it will be true!!
Vote NO for Frontier merger......Frontier will not give us money or a raise anywhere near JetBlue, duh......... Say YES to JetBlue when you shareholders vote in June - - - -
https://jetblueoffersmore.com/how-to-vote/
Pilots get more money, more money, more money with JetBlue, better layovers and hotels, better overall treatment, much more comfortable deadheads, FREE hot meals! Higher 401K, Profit sharing, you can box Mike Tyson for free and more ...............and like Obama would say "if you want to keep your base, you can keep your base". Only this time it will be true!!
Vote NO for Frontier merger......Frontier will not give us money or a raise anywhere near JetBlue, duh......... Say YES to JetBlue when you shareholders vote in June - - - -
100% RS and I’ll vote no. 😂🤣😂🤣
05-16-2022, 05:11 PM
#929
Gets Weekends Off
Joined APC: Aug 2008
Posts: 503
[QUOTE=BugsBunny; FREE hot meals! [/QUOTE]
Huh? I suppose if you are staying at the Hampton Inn...enjoy that omelet.
Huh? I suppose if you are staying at the Hampton Inn...enjoy that omelet.
05-16-2022, 07:36 PM
#930
The REAL Bluedriver
Joined APC: Sep 2011
Position: Airbus Capt
Posts: 6,905
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