Republic Airways Holdings Inc fka RJETQ

[CommonCents3]

I will correct you as you are wrong. Axar and Man were required to disclose their ownership w/in 10 days of the acquisition of their positions. Based on that fact, MAN did not sell at a big loss as the pps has been b/w .80 and 1.10 for the last 2 months.

Axar is the investor that shld be watched closely long term as they have over 10 million shares riding on the assumption that common shareholders will not be wiped out upon exit from the BK. They also acquired their shares at yhe same price point.

They stand to make $40 million if and when the stock returns to its true value. The bottom line is the company is in much better shape now than when the stock was trading at over $15/ share. Still a risky play, but as I have said before the rewards FAR outweigh the risk. It depends what your appetite for risk is as to whether or not RJETQ is ur type of stock play.