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Old 07-18-2016 | 10:32 AM
  #7431  
3inthegreen
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Joined: Dec 2014
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Originally Posted by Green Giant
There was an article that outlined the influx of money into our stock by large investors. The way I read that article based on assumptions that were previously trues; investors of that kind of caliber want to make a profit. So if there is a rumor of a possible acquisition of a company by another company then they buy large amounts of stock from the company that may be taken over. Why? Well because the company buying the other company will then have to pay a premium on the stock, thus the investors will make a profit. To me they wouldn't be investing in that kind of cash if we were buying another company or making a large order of airplanes. For the investors the later would be too much of a gamble for them with that kind of cash.

These investors are going off credible rumors. So if the rumor is deemed false at a later point, then the investors will pull their money thus our stock will hit a "bubble" and fall. It could also happen that discussions behind closed doors go no where and then the investors pull their money as well.

For me I'm going to watch our stock price and see what it does and I am very interested in what this meeting is all about. I personally think based on nothing, that another round of consolidation is about to happen in our industry. In the end I think what ever happens to Spirit will be positive for the employees.
Legacy carrier? Jet Blue?