Air Wisconsin: A Dark Stock Ticker

Air Wisconsin is a regional carrier for United. They operate as United Express on a capacity purchase basis. It's not listed, I mean, it's listed OTCs. This is not really investable for the vast majority of professionals. But on my numbers, I think it trades at one times free cash low normalize,. two times free cashLownormalize. And yeah, you have a fair amount of risk other than the obvious risks which we've highlighted here.