Analysts rating of companies are important, but they are generally useless. Since there is no real measurement or ranking of stock analysts, it's hard to track the performance of analysts.

All one has to do is look at the analysts that cover Apple.

That being said, our capacity increase is due to growth, it's not due to bringing aircraft into the system that have been taken out. That's one thing the analysts fail to realize. If Delta parks some planes and decreases capacity, then brings those aircraft back in to increase capacity, that's different than what Spirit is doing.

But, I really like the statement "management is increasing capacity in an environment of weakening prices, which seems aggressive, and we suspect the market will react negatively to this growth". This statement right there tells me they do not understand the dynamics of growing airlines and are comparing apples to oranges.