We came across a bearish thesis on Alaska Air Group, Inc. on r/wallstreetbets by NorthcoteTrevelyan. In this article, we will summarize the bears’ thesis on ALK. Alaska Air Group, Inc.'s share was trading at $49.66 as of January 15th. ALK’s trailing and forward P/E were 41.04 and 8.47 respectively according to Yahoo Finance. 35 Best Jobs for People Who Want to Travel g-stockstudio/Shutterstock.com Alaska Airlines ($ALK) is presented as a short thesis built around structural failures in its loyalty progr ...