Buying back shares has never returned value to a shareholder in any stock I have ever seen. (they just turn around and give shares away as bonuses and such which in the end dilutes if back to where it was to begin with. I think it is a tax break or something to pay in shares instead of cash.) It is like saying a reverse stock split adds value. It just doesn't happen. I for one am pissed abpout the continued share buybacks that mean nothing to us. If somehow it increases value, it won't be to the shareholders of today. They should reward current shareholders. Piss Poor management of this company is the reason we are where we are today. Douggy was only good for the conversion/transition but not much for day to day and caretaker of the owners (sharholders). We have so called bought back 20% of the total outstanding shares and lost 25%+ in the same time yet make more money than prior to all of that happening. My honest opinion the best thing to do is to actually give the value to the shareholders as dividend or pay down debt. Oh and stop trying to bully the rest of the airlines in a public forum. If you want a war do it privately. Another reason we are beat to death is the lackluster earning reports . OK off my soapbox , until next time. LOL
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