Originally Posted by
CincoDeMayo
And you think you could just buy up 51% of the stock…and at the current price? Haha.
No one wouldn't be able to buy up 51% at once at the current price, but a very large group of people over time could buy it up. It looks like about three percent of the shares are trading daily so it could take a couple of weeks to do so. I'm on the outside looking in. I've just done napkin math looking between airlines and total pilots and places like United, Delta, Southwest and even frontier, the cost per pilot to by the company one could buy a house, but 37k is as pointed out a nice miata. How much money would a Spirit captain spend on union dues over a decade in comparison? Probably naivety on my part.