Jeff Smisek Goes Big, Buying 20k Shares of UAL

Discussion in 'United Airlines | MileagePlus' started by Captain Oveur, Apr 30, 2014.  |  Print Topic

  1. Captain Oveur
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    Captain Oveur Gold Member

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    (Pun kinda intended)

    Full story here (not a blog)
     
  2. Newscience

    Newscience Gold Member

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    And notice that he didn't buy any UA miles! :mad:
     
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  3. Captain Oveur
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    Captain Oveur Gold Member

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    Yeah, no "Share Accelerator."
     
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  4. blackjack-21

    blackjack-21 Gold Member

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    Perhaps Jeff's trying to cover his bases in both directions. IF, and it's a big IF at this point, he can turn the airline around and it begins to swing to a profitable operation, the stock would probably increase in value and this purchase would average down the cost of his other, possibly higher costing stock.

    Conversely, if he can't eventually bring profits back to UA and the BOD or major shareholders or some other group forces him and some of his management team out, the market may react to that as favorable for the company, thinking that any change might eventually be for the better, and causing an increase in the stock's value for its shareholders, Jeff included.

    Either way..................!
     
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  5. marcwint55

    marcwint55 Gold Member

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    the second option would be best
     
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  6. Jaimito Cartero
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    Jaimito Cartero Silver Member

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    Glurg, glurg, glurg.
     
  7. cvsara
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    cvsara Gold Member

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    Maybe thinking that if he gets booted, teh next CEO will turn this airline around. Maybe become more "friendly".
     

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