CONSPIRACY THEORY on Jetsgo -what do you think?

listenheregirl · Post by **listenheregirl** » Tue Mar 15, 2005 5:30 pm

Has it occurred to anyone that more money could be gained by investing in WJ/AC by Jetsgo investors than would have been lost on Jetsgo? Imagine the possibility of building an airline with the PLAN to let it tank, having the long-range plan of making the money on the stocks of the competitors while the airline sinks. Hummmm.......

So say...3 million stocks on Wed. 1 million on Thursday (just in WJ-not including the AC purchase).... equals...stock purchase price of $11 (not sure what it was but lets just say $11). Now at $16.6.... that equals a profit of 22.4 million (so far!)!!!

Anyone know Jetsgo's total loss?? BRILLIANT IDEA GUYS!

SO, wadayathink?

Indo · Post by **Indo** » Tue Mar 15, 2005 5:34 pm

I think Bugs Bunny is missing from that equation.

Flying Low · Post by **Flying Low** » Tue Mar 15, 2005 5:52 pm

Well...last number I heard on the losses was about $88 million!

Brings a whole new meaning to that theory on how to make a small fortune. Start with a large one!

greenwich · Post by **greenwich** » Tue Mar 15, 2005 7:02 pm

That's why they are looking into the fact that an "unusual" amount of WJ shares were traded last Thursday P.M.

G

CClub · Post by **CClub** » Tue Mar 15, 2005 10:24 pm

listenheregirl wrote: So say...3 million stocks on Wed. 1 million on Thursday (just in WJ-not including the AC purchase).... equals...stock purchase price of $11 (not sure what it was but lets just say $11). Now at $16.6.... that equals a profit of 22.4 million (so far!)!!!

Anyone know Jetsgo's total loss?? BRILLIANT IDEA GUYS!

SO, wadayathink?

Uhh,,, the last time I took math I learned that 4 million times 1.51, ($11 to $16.6) would be just over 6 million, subtract the 4 million initial purchase and you have a 2 million profit. I'm guessing JetsGo managed to lose more than 2 million before going bankrupt.

CAPGEN · Post by **CAPGEN** » Tue Mar 15, 2005 10:41 pm

I don't think Jetsgo was set up to TANK...

I DO think though that it was set up for about a 2-4 year lifespan, at which point they would hope to get bought up and walk home with a cheque in hand. There was never a plan to build a sustainable airline, and undercutting like they were is solid proof. That was, and never will be some brilliant business tactic in aviation business textbooks.

If so, the industry called thier bluff, except the industry still loses.

Jetsgo is a case study in ethics, not in business.

listenheregirl · Post by **listenheregirl** » Wed Mar 16, 2005 9:36 pm

CClub wrote:
listenheregirl wrote: So say...3 million stocks on Wed. 1 million on Thursday (just in WJ-not including the AC purchase).... equals...stock purchase price of $11 (not sure what it was but lets just say $11). Now at $16.6.... that equals a profit of 22.4 million (so far!)!!!

Anyone know Jetsgo's total loss?? BRILLIANT IDEA GUYS!

SO, wadayathink?
Uhh,,, the last time I took math I learned that 4 million times 1.51, ($11 to $16.6) would be just over 6 million, subtract the 4 million initial purchase and you have a 2 million profit. I'm guessing JetsGo managed to lose more than 2 million before going bankrupt.

Actually, CClub, my understanding was that it was 4 million SHARES (not dollars). I don't mind being corrected if I am wrong, but I think I am right. So, therefore it would be 22.4 million in PROFIT.

CClub · Post by **CClub** » Wed Mar 16, 2005 9:41 pm

I stand corrected. If it was shares then you would be correct in your math.

ei ei owe · Post by **ei ei owe** » Wed Mar 16, 2005 10:25 pm

Jeez. I thought I had time on my hands. Very nice to see the math skills working. I have no skills. Damn.

peeelot · Post by **peeelot** » Thu Mar 17, 2005 6:25 am

ML is the biggest CROOK I have ever seen feeding off the backs of hard working people. I wish we were in the old days. I would supply the tar and featers.

Rubberbiscuit · Post by **Rubberbiscuit** » Thu Mar 17, 2005 7:18 am

Capgen. As a former Jetsgo emplyee I have to agree with you. I heard many ask if there could have been a payoff to make Mikey the white disappear. I doubt it myself.

Jaques Strappe · Post by **Jaques Strappe** » Thu Mar 17, 2005 8:27 am

My money is on Clive.

Remember, the transport minister called both Milton and Beddoe before the Jetsgo demise and none of the three will disclose what was said.

Think about it. Transport calls and says get geared up to increase capacity to bring home Jetsgo pax, Jetsgo is going in the tank. Clive buys up more shares knowing full well that a Liberal Minister would never get done for any wrong doing.. Very Shrewd.

CaptainHaddock · Post by **CaptainHaddock** » Thu Mar 17, 2005 8:34 am

I would supply the tar and featers. I laughed out loud-imagining a feater, I know feathers-but it's the a simple pleasures

listenheregirl · Post by **listenheregirl** » Thu Mar 17, 2005 1:53 pm

Jaques Strappe wrote:My money is on Clive.

Remember, the transport minister called both Milton and Beddoe before the Jetsgo demise and none of the three will disclose what was said.

Think about it. Transport calls and says get geared up to increase capacity to bring home Jetsgo pax, Jetsgo is going in the tank. Clive buys up more shares knowing full well that a Liberal Minister would never get done for any wrong doing.. Very Shrewd.

Sounds logical that the info. could have been/or been passed on through Clive Bedoe or Robert Milton. That is not insider trading though... is it?(unless it is someone from JG)? In that case, would it be on the up-and-up?

CONSPIRACY THEORY on Jetsgo -what do you think?

CONSPIRACY THEORY on Jetsgo -what do you think?

Re: CONSPIRACY THEORY on Jetsgo -what do you think?

Re: CONSPIRACY THEORY on Jetsgo -what do you think?