One of the reasons for the ALK lag to market is the poor hedge...

One of the reasons for the ALK lag to market is the poor hedge book . In hindsight the hedge was forced due to IG’s outside commitments which dictated his ALK play . Not in ALK’s SH best interest) ..only IG’s best interest. IG’s stranglehold on ALK will never serve ALK shareholders well whilst the boss is conflicted. If only IG could have held off a month or two then ALK would have benefited from the current POG surge … the MAC bank loan /hege screw was a direct response to IG outside cash commitments . IMO if ALK had clean management we would have been well over $1 by now and in a strong position to negotiate funding for plant upgrades etc ..rather than locked down as the company is by concerns not directly related to ALK .