So it was CAL's idea to start branded service? hahahaha, very funny Buddy! A good management team wouldn't find themselves in that situation. If you think about it, the company would be worth more if they just shut down operations. Seriously, look at the balance sheet vs the price per share.
What does Kristy Nichlos have to say today about management destroying shareholder value? Ream and company are total morons. I'd lose less money if I stood out in my backyard throwing bricks of cash onto a bonfire. And he got paid $890k last year! Nice scam!
ExpressJet Part II: Cashflows [View article]
ExpressJet Part II: Cashflows [View article]