Originally Posted by
Flyetops
Not trying to flame, but any of you guys worried about the stock going down so much recently?
It just seems it has been going down steadily
Stock prices go up and down. Once fuel prices go up and the legacy carriers start to hurt, then Spirit's stock price will once again surge.
Good time to buy stock since the prices will eventually go back up to the $80 range. The other stocks that I own have all had an equal price decrease, yet they too are making serious profits. For years the analyst's on TV have been saying that the market was overdue for a price correction and now they say the correction has taken place.
Long story short, this is the normal market trend in a cyclical market. It goes up then it goes down and then back up and back down......Well you get the idea.
Buy low sell high!