Given that ol Teddy said that Q3 costs would be much higher, because of their staffing screw ups, I have to assume the stock will drop more once earnings are released. With Spirit, nothing ever seems to be priced in, so I would be shocked if it didn’t drop again after Q3.
Now when it drops again, that’s when I would possible see someone coming in.
Teddy is going to roll out this new fuel policy in a few weeks to try and improve his cost numbers. Flashback to the Indigo days where planes were planned at 4.0 landing.