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Originally Posted by Chris_Ford  Like Doug said, taking financial advice from me is like taking diet advice from Rosie O.
But what this really shows is how little faith the investors have. XJT reported a 30 million dollar loss and the investors said "This isn't as bad as I thought it would be!"
$30 million a quarter!!! And that's somehow an "improvement" in the stockholders eyes (likely because they think the SKW deal is imminent now... which I agree with) |
There was actually an analyst who recommended buying ExpressJet stock under the pretence that they are now going to be a bigger takeover target by SkyWest.