RE:RE:From the Conference callHamRoveJr wrote: lb1 wrote:
"And my expectation, to be very blunt, is that we are not running this Company for the benefit of short-term investors from a day-to-day basis or from a month-to-month basis. Due respect to one of the other analysts, who commented earlier as to our decision on this and the stock price, we will see what the stock price does but if short-term investors dont like this, I can encourage them to leave. We are running this Company for the benefit of our long-term stakeholders." Calin Rovinescu
Sooo, basically tell the traders to kill our patience in the short term, thanks. Ths will lead to ripple effects of negative feedback selling till we find a solid floor now...
I think it was a great comment. The results were great too. More specifically he was refering to day-traders and very short term gamblers. After all they are not investors. At least not to my definition.
I will be able to pick up a few of these again, and own even more of an extremely undervalued airline. Excellent.