Originally Posted by
elmetal
so long as you have more than 55% of your shares at the $26, you won't be at a loss. besides, buying individual company's stock is a gamble. and gambling with your own company's stock is a gamble that is ludicrous to me. Something goes wrong you lose your job and your money.
I don’t work at Spirit. I’m aware of the math and that wasn’t my point. My point that as a shareholder, why should I consider JetBlues offer superior? In my case it’s not. I would just rather have the shares converted to Frontier stock as, while never a guarantee, it’s probably going to increase over time. Sssssynergy for those that have been easily triggered haha. Even if I do decided to sell at a loss in the future it will be on my terms and to my tax advantage when I decide.