Search

Notices
Republic Airways Regional Airline

Republic stock / RJETQ / ???

Thread Tools
 
Search this Thread
 
Old 12-20-2016, 05:14 AM
  #1  
Line Holder
Thread Starter
 
Joined APC: Dec 2011
Posts: 28
Default Republic stock / RJETQ / ???

What happens to my 1000 shares of Republic stock (RJETQ) when they "EMERGE" from bankruptcy in the 1st quarter of 2017?
airline rc is offline  
Old 12-20-2016, 05:24 AM
  #2  
Gets Weekends Off
 
RgrMurdock's Avatar
 
Joined APC: May 2011
Posts: 996
Default

Most likely they reissue the stock and yours are worthless.
RgrMurdock is offline  
Old 12-20-2016, 05:26 AM
  #3  
Gets Weekends Off
 
schmohawk's Avatar
 
Joined APC: Apr 2015
Position: CRJ 0B
Posts: 215
Default

A dec 12 filing in the courts described that they are going to cancel the equity in the shares and issue new common stock. I don't believe your previous claim to equity entitles you to any new shares.
schmohawk is offline  
Old 12-20-2016, 06:49 AM
  #4  
Gets Weekends Off
 
Joined APC: Mar 2014
Position: C172 Captain
Posts: 643
Default

How is this still a question? Been known for awhile now that they'll be cancelled. You should've dumped them a long time ago. Poor planning.
KCaviator is offline  
Old 12-20-2016, 07:16 AM
  #5  
Gets Weekends Off
 
schmohawk's Avatar
 
Joined APC: Apr 2015
Position: CRJ 0B
Posts: 215
Default

Originally Posted by KCaviator
How is this still a question? Been known for awhile now that they'll be cancelled. You should've dumped them a long time ago. Poor planning.
You're just a ray of sunshine
schmohawk is offline  
Old 12-20-2016, 01:14 PM
  #6  
Gets Weekends Off
 
Joined APC: Jul 2015
Position: DHC-8 CA
Posts: 463
Default

This has to be a troll.
Theaveragejoker is offline  
Old 12-20-2016, 01:21 PM
  #7  
Gets Weekends Off
 
Joined APC: Dec 2015
Posts: 634
Default

And this is why you never take investment advice from pilots
Wink is offline  
Old 12-20-2016, 08:15 PM
  #8  
Gets Weekends Off
 
Joined APC: Feb 2016
Posts: 2,559
Default

Wait until after the BK is complete, and the new stock is issued, then buy. In most BK cases, the "Q" stock is zeroed out and a total loss to the holders.
HighFlight is offline  
Old 12-21-2016, 05:50 AM
  #9  
Gets Weekends Off
 
Joined APC: Jan 2015
Posts: 148
Default

Worth what my Mesa stock was...
FloridaLarry is offline  
Old 12-21-2016, 10:28 AM
  #10  
Gets Weekends Off
 
Joined APC: Mar 2012
Posts: 231
Default

Plan of reorganization has been filed. Expected to emerge Q1. According to info shared during my interview, the goal is to emerge mid February.

Apparently Delta, United and AA will collectively own more than 60% of Republic.
dl773 is offline  
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
seattlepilot
Frontier
243
08-10-2018 12:51 PM
Sr. Barco
Republic Airways
193
09-17-2015 12:35 PM
SF340guy
Union Talk
92
06-12-2011 07:30 PM
Hal9000
Major
37
05-18-2011 02:29 PM
Gordon C
Regional
0
04-21-2005 07:14 PM

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On



Your Privacy Choices