Had to share this little excerpt from a Motley Fool article (blog?) because it is so funny.
”I've never invested in an airline before, and I don't particularly like the industry. But five years from now, I'm pretty sure people won't be avoiding flying anymore. I could be wrong about choosing Spirit instead of the larger airline stocks, but Spirit has limited international exposure and a pile of cash.
I don't how much the stock is worth, but I think it's probably worth a lot more than where it trades today.”
Totally like the pilots that bought the stock in the $40 range and then again in the $20 range. Will they be saying the same thing again if it hits single digits?
The title of the article is “The Key to Investing as Stocks Plunge and Coronavirus Spreads” I guess the key is buy things you don’t know anything about based on feelings? Too funny.
https://www.fool.com/investing/2020/...-coronavi.aspx
$15.22 as of this posting