Originally Posted by
Omniscient
Spirit stock always seems to drop after earnings, even when they beat estimates, it drops.
But oh yes, love the crew van chatter of "Yeah, so I bought Spirit at $XXX and made $XXX of it." All the financial wizards we fly with, yet I think it was something like 20% of pilots never participated in our 401k match program.
That is not unique to Spirit though. Amazon Q4 2018 was positive but the stock still dropped. It's just the nature of the beast. If the fed chairman blinks the wrong way investors get spooked and the market turns red. It's just the way that game is played.