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![]() | #21 | |
Senior Member ![]() ![]() ![]() ![]() ![]() Join Date: Aug 2003 Location: ATL
Posts: 267
| Not So Fast Quote:
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![]() | #22 | |
Senior Member ![]() ![]() ![]() ![]() ![]() Join Date: Aug 2003 Location: ATL
Posts: 267
| Investors Welcome Stock Offerings From Profitable Carriers Quote:
![]() Info: althought the article states a price has not yet been set for the offering, AirTran has actually already announced a price of $16/share. Also, I truncated the Frontier and WestJet portion of the article out of length considerations. | |
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![]() | #23 | ||
Senior Member ![]() ![]() ![]() ![]() ![]() Join Date: Aug 2003 Location: ATL
Posts: 267
| Oooops!
Are you sure about that? Quote:
Quote:
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![]() | #24 | ||
Senior Member ![]() ![]() ![]() ![]() ![]() Join Date: Aug 2003 Location: ATL
Posts: 267
| Oh, But It IS! Quote:
Quote:
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![]() | #25 | ||
Senior Member ![]() ![]() ![]() ![]() ![]() Join Date: Aug 2003 Location: ATL
Posts: 267
| Can't Help Myself
Sorry, I just had to pick on this one again: Quote:
Quote:
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![]() | #26 | |
Member ![]() ![]() ![]() | Re: Can't Help Myself Quote:
Opened around 17.71 on 9/19 (the date of the announcement), and it's at 16.75 now, a drop of .96, or 5.42%, which comes out to 0.6775% drop per day since 9/19. | |
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![]() | #27 |
Senior Member ![]() ![]() ![]() ![]() Join Date: Jun 2003 Location: Atlanta Hartsfield Int. Airport
Posts: 170
| happy times
Mission accomplished! I am happy to note that this is good times in the AirTran forum because if all I have to read is arguments....no.. DEBATES, on how we are doing in the market and not dis-crediting the maintenance practices of the Airline than I am a happy man. Its nice to see that the forum is actually being used (almost) like all the other airlines. I guess we set the record straight on the slanted portrail of AirTrans maintenace practices. So with that being said, please feel free to come to the sources next time that sort of issue is brought up again. Until then I hope we do well in the market and I wish all of you very good luck if you so dable in it. (expecially if you buy our shares ![]() |
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![]() | #28 | ||
Member ![]() ![]() ![]() Join Date: Jun 2003 Location: ATL
Posts: 99
| Re: Can't Help Myself Quote:
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![]() | #29 |
Senior Member ![]() ![]() ![]() ![]() ![]() Join Date: Aug 2003 Location: ATL
Posts: 267
| Forest for the Trees
Look, the price for the offering was set at $16, the price at the time of the announcement was nearly $18, the price dropped to around the price of the offering, and now the stock is trending back up as yesterday's latest quote shows. If you'll look at those stats again American, Continental, Delta, and Northwest were all down while AirTran was up. Also notice AirTran is the highest of those five. You'll also discover that AirTran is still trading at a P/E below 19, far from being overvalued. $300,000,000 in cash reserves, far from being cash-strapped. A market cap greater than or equal to Delta, Continental, Northwest, etc. An expanding network while others shrink. A very young fleet getting younger every day. Buying back debt (rated "B"). Analysts' predictions rising from "stable" to "positive." So, in 8 days of trading you were able to find 3 down days? Ohhhh, I see your point ![]() |
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![]() | #30 |
Member ![]() ![]() ![]() |
My comment had nothing to do with AAI's historic performance, their P/E ratio, or them buying back debt. I was just calling bull**** on your claim that the stock was up 2-4% per day; rather, in the 8 days since it hit the news its down over 5%.
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![]() | #31 | |
Senior Member ![]() ![]() ![]() ![]() ![]() Join Date: Aug 2003 Location: ATL
Posts: 267
| My Bad Quote:
![]() Speaking of...cough cough cough BULL**** cough cough...the stock was $17.71 the day of the announcement and is currently sitting at $17.21. Not exactly down 5% since the news hit, as you suggest. Nugget was trying to point out that the stock was down 4% on the day of that news, and I was just pointing out that most days since then it had been up. I guess I should've said "the majority of days" instead of "everyday", I guess I must have completely lost my mind. By the way, the stock was up 1.5% again yesterday. I think everyone gets the point I was making. And the whole point of listing the low P/E ratio, reducing debt, etc. was to demonstrate that the stock will continue trending upward, not downward like Nugget was implying. Like jetmech717 just said, if the argument here has been reduced to the fact that I said "everyday" instead of "everday but three", then mission accomplished ![]() | |
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![]() | #32 | |
Senior Member ![]() ![]() ![]() ![]() ![]() Join Date: Aug 2003 Location: ATL
Posts: 267
| Wham Bam Thank You Ma'am...
Bodda-bing, bodda-boom! And now they're done. Eliminated $35,000,000 in debt, raised $140,000,000 in "spendable" cash without dipping into the $300,000,000 cash reserves, and the stock only dropped $0.50 from the time prior to the announcement to the completion of the offering: Quote:
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![]() | #33 | ||
Senior Member ![]() ![]() ![]() ![]() ![]() Join Date: Aug 2003 Location: ATL
Posts: 267
| Re: My Bad Quote:
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![]() | #34 |
Member ![]() ![]() ![]() |
At the time the my comment was made, it was indeed down. Of course, I'm not psychic like you seem to be, and I had no way of guessing that the stock price would rise in the days following my comment.
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![]() | #35 |
Senior Member ![]() ![]() ![]() ![]() ![]() Join Date: Aug 2003 Location: ATL
Posts: 267
| Swami Says
...it doesn't take a psychic and there is no guesswork involved. All the signs are self-evident for those willing to see them. That's the whole point of this argument ![]() |
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![]() | #36 | |
Senior Member ![]() ![]() ![]() ![]() ![]() Join Date: Aug 2003 Location: ATL
Posts: 267
| Then This Morning....
And by the looks of the nearly 1,000,000 shares of AAI already traded this morning, there are quite of few of "those willing to see" those signs: Quote:
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![]() | #37 | |
Senior Member ![]() ![]() ![]() ![]() ![]() Join Date: Aug 2003 Location: ATL
Posts: 267
| And Going
Back when AAI shares were down around $16 I was trying to suggest that the low P/E ratio of less than 20, buying back debt and modernizing their fleet with a public offering instead of using cash reserves, earnings results and projections, increasing market share and expansion, and so on all pointed to the stock rising instead of falling as some of you were suggesting. mduell first said he wasn't concerned with "AAI's historic performance, their P/E ratio, or them buying back debt" and then went on to say "Of course, I'm not psychic like you seem to be, and I had no way of guessing that the stock price would rise in the days following my comment." I tried to explain that no psychic energy and/or guesswork was involved, and the fact that he and others chose to ignore those indicators is why they had no idea. But I did have an idea and tried to explain why you were wrong, as these results vindicate: Quote:
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![]() | #38 | |
Senior Member ![]() ![]() ![]() ![]() ![]() Join Date: Aug 2003 Location: ATL
Posts: 267
| Zacks Reiterates Why AAI is Coveted as "Strong Buy"
Indeed, like the title of this thread states, AirTran keeps flying high
__________________![]() Quote:
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