Which part do you disagree with? My take on stock investing vs wage earning? My take on how management manages for stock price vs long term viability? Or, my take on labor unrest giving us an advantage?
Whose side are you on?
Im on the side of common sense.
How can you possibly say that wealth has nothing to do with a profitable operation anymore when the profitable operation is the direct cause by which the stock rises and creates said wealth.
Right or wrong, have a look at a 9-10% stock decline 48 hours ago, that had everything to do with current and near future profitability of the operation. Even labor negotiations, unless they go to some really extreme measure, are just a blip on the radar compared to the financial sheet when putting a value on a stock when having a look at the macro level. If the opposite was true airlines such as US Airways would have been worth 50c per share and not buying up far larger carriers.
This does not go only for Spirit, but every OA as well.