Yeah its super dangerous anywhere in a slide path or over 30 degrees right now. Theyre asking for trouble if any avy terrain is open. Only safe stuff is south facing where there was no snowpack before this storm system.
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VAIL SUCKS
- Thread starter thebigo
- Start date
BenedictGomez
Well-known member
kbroderick
Active member
It's not just that inconvenience of changing it, it's covering a new deductible on the second plan (specifically mentioned in one of the articles on the strike). I tend to agree, but that's a broader issue than just seasonal Vail employees--anyone who switches jobs and thus health care plans midyear is potentially taking a hit for thousands of dollars; if you're upgrading jobs in the white collar world, that's likely to be worth the cost, but if you're working for tourist industry wages and the same issue every year, that's a lot of cash. I'd be in favor of regulation allowing credit for prior spending under another plan (ie effectively process prior claims to generate a virtual out of pocket number under previous coverage) but implementing that would be a bitch.
doublediamond
Active member
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Or… hear me out … Single Payer would solve that issue in a heartbeat and people wouldn’t be tied to corporations for a basic life necessity.
Come on now. Can't be getting rid of indentured servitude. Tying healthcare to full-time employment is what's needed to keep people working for as long as possible to maintain tax revenues.
kingslug
Well-known member
And just think..if this goes on a long time. Just try to get jupiter and 9990 open with no avi control work having been done.
A big mess.
A big mess.
kingslug
Well-known member
Iron mountain trails are opening up...might as well since everyone poached the shit out of it.
Yet tombstone is still closed...makes no sense..only 3 runs where open there anyway...
Yet tombstone is still closed...makes no sense..only 3 runs where open there anyway...
Can we keep our Dr.?
Zand
Well-known member
kingslug
Well-known member
Whats a few hundred million here or there.
AdironRider
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The stock is plummeting because the market thinks that Vail is going to have to cave not only for Park City, but elsewhere also and their margins are going to get killed. It is not like the stock market all of a sudden developed a conscience and is willing to make less profit because the little guy deserves it.
jimmywilson69
Well-known member
and the stock has been WAAAAAYYYYYY overvalued since it skyrocketed in 2021 or whenever it peaked. It'll never see that peak again in the near term.
BenedictGomez
Well-known member
The stock plummeted because a public filing showed a large holder sold 70% of its holdings in Vail during 3Q24, which = over 1.2 Million shares dumpted.
JPMorgan Chase & Co. Sells 1,241,315 Shares of Vail Resorts, Inc. (NYSE:MTN)
JPMorgan Chase & Co. trimmed its holdings in Vail Resorts, Inc. (NYSE:MTN - Free Report) by 67.6% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 595,284 shares of the company's stock after selling 1,241,315 sh
kingslug
Well-known member
The market..difficult to figure out.
Running a ski resort without patrol...thats easy to figure out.
Seems that any avi terrain cannot be managed by out of state patrollers that dont know the mountain.
Running a ski resort without patrol...thats easy to figure out.
Seems that any avi terrain cannot be managed by out of state patrollers that dont know the mountain.
Who sold off the bulk of their shares? Bobby Katz? 
BenedictGomez
Well-known member
Maybe? Maybe not? Seems the real issue is their lack of numbers. Hopefully more of the calvary arrives this weekend. It's not like uprooting people from all over North America can be done in an instant. I imagine this gets settled within a week though, because we're at MAD right now. PCMR is suffering badly, but at the same time the Union must know it's losing leverage after this holiday period's over, as well as PCRM eventually learning-curving their way our of a bit of this.
‘They’ve lost control of the mountain’: At Park City Mountain, stock prices fall while skiers pan long lines, lengthy waits
Vail Resorts's stock value plunged Thursday as Park City Mountain ski patrollers entered their second week of striking and guests and town businesses alike have grown increasingly frustrated by the lack of progress in contract negotiations.
Dr Jeff jumping on that dip like a Mt Snow barstool or what?
kbroderick
Active member
There's a limit to how many people they can pull from any particular resort without creating a domino situation, and I don't think that piece of the equation gets easier as resorts across the country open more terrain. There's also the not-small detail of the impact on the scabs from a personal standpoint--they're getting pulled away from their friends and families, in some cases across the country. While I'd guess that at least a significant percentage, if not all, would prefer not to be in the position they're in and are doing so because it's better than being fired, that calculus may change with more time away from home.
Rumor is also that Vail is paying them $600/day and covering housing, which isn't exactly affordable on a longer term either (if that rumor is true).
Finally, I've seen references in the past to patrol staffing requirements associated with USFS leases; I have no idea how widespread that is, but it would put a hard floor on how few patrollers can cover any one resort (at least for those operating at least in part on USFS leases, which is a lot of them).
