Somebody please help me understand

[LD3]

Is the job of the BOD to protect the investors money? LCC stock topped out at 63.72 this year and is now down to approx 29.69. With the revenue US is generating and the stock not climbing would that show that the is no confidence in the current management? Even with all the crap and operational issues this airline is facing they are making a bucket load of money. Would it be correct to assume that if the company is making big bucks, it would be a good takeover prospect? And if it is a good prospect, the higher the share value the more money the investors make on a sale...If I am somewhat correct, why is the BOD not putting the pressure on current management to fix the airline?

Thanx

 

[GoldenRam94]

Goldman Sachs just upgraded LCC to a buy from neutral so it will be good news for investors, and the price will go up in the coming weeks. You have to remember that the share price drop is not a reflection solely on the BOD, rather the airline industry as a whole.