Originally Posted by
Stayontarget
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.
Sure.
spirit stock is at $20.
Even if you had 1000 shares at $80, you could DCA down below 30 and there you go, you made money. not a lot, but you made money.
The point is, one is an actually good product, the other is not. and we all know what NK/F9 will be like as a passenger.