Excargodog

Clearly Andy DOES CARE about my investment knowledge. He made the comment I replied to. And what's it to you anyway? If you don't want to read my comments it's easy enough to block me. It's a one time investment of effort that will no doubt save you a lot of effort griping. A win - win, I'd say.

Andy

You flatter yourself. I don't care how you choose to invest, nor do I care about your investment returns. I applaud you for saving and investing, but every person invests differently, and it's very dependent on their risk tolerance.

I've had more than a few conversations with people who consider the entire stock market as gambling. You're just not quite as far on that spectrum, but you are on the spectrum.

I've been investing for more than four decades. Multiple investment types, not just equities. I don't check my annualized returns but I'd be surprised if it's not higher than your returns.
You sound like the kind of person who runs an ETF screener, doing 30 minutes of 'research' and calls that good solid investment research. That works; in fact it's what I recommend to people who hate my favorite channels, CNBC and Bloomberg. That or just turn your money over to a professional manager; that also works.

You insult me by stating that my investment style on this particuler trade is gambling, then you all bat$hart crazy when I call out your ill informed post.
I do a much deeper investment dive, hence the reason why I made the trek to the courtroom multiple times. But I guess that extra investment work/research is considered 'gambling'? OK, sure.

I do find it rather ironic that an NK pilot considers buying NK stock to be gambling. Rather humorous.

Excargodog

Why? With the multitude of investment opportunities available, why create a single point failure node by depending upon the stock of the company employing you to be part of your investment portfolio?

How well did that work for the United pilots in 1995 when they agreed to an ESOP giving up $5 billion (a tidy sum in 1995) in compensation for a 55% ownership? How great was that for them when the company went bankrupt in 2002, the shares became worthless, and the pilots pensions were severely cut in bankruptcy?

https://www.nytimes.com/2005/05/11/b...ion-plans.html

Its a public forum. You have every right to give your opinion. I have every right to give mine, and since we are different individuals it comes as no surprise that those opinions may differ.

Tranquility

I think what's getting a bit lost in this conversation is there's a significant difference between investing and trading. I consider myself to be both an investor and a trader (only equities and options). The overwhelming chunk of my wealth is invested in steady eddy index funds and very low cost mutual funds. Then to scratch my trading itch, I have a chunk of play money (my Mad Money as Cramer calls it).

Now, back to the merger news from the courtroom.....

Clear Right

Suggest you do some research on B6's Balance Sheet. There is no reason to even think about CH11 at this point for B6, even after the cost of the NK acquisition. They have plenty of assets vs liability, they have plenty of ability to pay their bills...again, even after the NK purchase for $3.8B.

To put this purchase into a little in perspective: "The Alaska Air Group acquired Virgin America in April 2016, at a cost of approximately $4 billion" and "Seattle-based Alaska Airlines recently announced it plans to buy Hawaiian Airlines for the sum of about $1.9 billion", that's almost $6.0 billion total.

Alaska is doing just fine after their purchase of VA, and one could argue that the aircraft/order-book for B6/NK purchase is a better deal for B6 than the assets that AK got from thier acquisition of VA. There is no financial basis to support CH11 for B6 anytime in the near future, they have a very good financial position relative to their peers. Do some research on the Balance Sheets of United and American, look at their assets vs long term liabilities, and then compare that to B6's balance sheet...I think you will rest easy after that comparison.

Boomer

Which is why it's a good example in this case. Of course when Pinnacle went BK it left Delta in a tight spot. They had just decided to shut down Comair and couldn't afford to lose both regionals at the same time. So when Pinnacle basically said "we've got no cash and won't be open for business on Monday" Delta had to scramble to save their bacon.

Bluediver

False,

when 9E was making money right after the merger DL rewrote the ffd. This forced BK and allowed DL to purchase 9E out of BK for the exact amount 9E paid for XJ a year prior. Slight of hand all predetermined and executed perfectly as designed.

Aero1900

SAVE stock holder here.

Does anyone know what will happen to my shares if the deal goes thru? Do they convert to shares of JetBlue at a $30/ share ratio, or does it pay out in cash?

Thanks

Flyby1206

pays cash and the SAVE shares disappear

Aero1900

Thanks!

Wishing the best for both pilot groups in the future!