Old 04-08-2025 | 05:36 AM
  #60  
loudclouds
On Reserve
 
Joined: Feb 2024
Posts: 92
Likes: 0
Default

Originally Posted by checkgear
No idea how he’s even getting close to $10bil in assets lmfao. That’s some far fetched analysis
our genius resident analyst who was so successful he decided to join us here at spirit, also fails to realize that its enterprise value that comes into play when talking about liquidation. And creditors would get 20 cents on the dollar if they are lucky in that regard. TWA sold to AA for like 700 mil and they owned more than we do. They too realized just how disadvantageous liquidation is even compared to a crappy merger deal.
Reply