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Southwest Airlines Co. Message Board

  • fattymcbutterpants2001 fattymcbutterpants2001 Jan 13, 2009 4:26 PM Flag

    Low Cash Levels at LUV....

    are driving this stock lower. Hedging has cost them DEARLY. They had to surrender leans on their aircraft to get money a month ago, now the stock is falling again today. The collatoral they need to pledge on their hedge portfolio has effectively sunk this company. And all you hapless employees can do is stand around and watch...wait a minute, that's what you do anyway.

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    • lbesh32995@sbcglobal.net lbesh32995 Jan 13, 2009 4:41 PM Flag

      >>>>>Hedging has cost them DEARLY. They had to surrender leans on their aircraft to get money a month ago, now the stock is falling again today. The collatoral they need to pledge on their hedge portfolio has effectively sunk this company. And all you hapless employees can do is stand around and watch...wait a minute, that's what you do anyway. >>>>>

      Obviously you're an imbecile. SWA unwound its hedges in a no-cost manner and the $230 million collateral on the remainder was easily done..... collateral that is far less than that required by its competitors BTW.

 
LUV
29.24+0.56(+1.95%)Jul 25 4:00 PMEDT

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