Lefty, no offense to you but the above is not true. Stock price is subject to nothing else but supply and demand. The two meets at a certain price for a given moment. So just because one buys and holds a stock and hopes to sell it higher, price will be subject to the opinion of other possible buyers and sellers. How people feel is determined by the information at that moment and could be completely disconnected from the price even as little as a minute ago. If future investors feel negative, those holding the stock will feel the same way as well because they are all drawing the same conclusions based on the same information.

My take on this price spike is that someone possibly knows something we don't and is willing to buy. Our market cap is over a billion with 35 frames that we don't own. I think we are possibly the most expensive airline out there. That is why I laugh at these merger rumors. Technically right now one could buy American for less than Spirit. That just shows us the sad state and the distorted realities under which financial markets operate. It is all about hype, expectations, and future performance. Good old values are not part of everyday investor decision making anymore because nobody is an investor anymore, everybody has become a trader. It is Vegas baby without the dollar beer.