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I've been loading up and I imagine many investors are.
by tathougies 7y ago
I've been loading up and I imagine many investors are.
- ceejayoz 7y agoAmerican, Delta, Southwest, and United have about 60% of the US market. They have a combined market cap of about $45B. The idea that the airlines could issue $50B in shares is a fantasy.
- tathougies 7y agoI believe the 50B is for keeping everyone employed. That is what is fantasy. Most people ought to be laid off in these times. That is what unemployment insurance is for. Of course, that's not politically popular, which is why the government is becoming involved.