Don't flip out!
The case of Republic shows why paying too much attention to the markets can be a bad thing. While Republic stock has been stuck in a holding pattern for several months, this is really due to investors feeling let down by the slow pace of the Frontier sale negotiations. Once the separation is complete (through a successful sale or a spinoff), investors will start paying attention to Republic's strong fundamentals again. After that happens, Republic stock is likely to zoom higher.