Oh yes, fully agree. Unfortunately, it's definitely a different day and time. However, I would "like" to think that they will find a way to restore it to those that are holders.
I also believe others are right about doing this to get rid of the unions so they don't have to keep paying in the long run, which in turn defeats the profits, which of course then in turn shoots the stock down if they can't make profits without having to keep paying unions and such.
Also looking at the 10Q looked pretty decent IMO, so not sure why the stock didn't shoot up. Volume has been very low.
I'm definitely NOT an expert so I can't figure that out. Still doing lots of digging