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Old 04-29-2022, 10:54 AM
  #12521  
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Originally Posted by JulesWinfield
That is really what you have to ask yourself. With JBLU cutting back their schedule and sustained $100 barrel oil, while they overextend themselves with debt to buy Spirit, I think the answer is yes, it can get worse. They don't seem to be turning the ship around, with increased demand they can't service. I'd say the bottom would be somewhere around $6-8, around the covid dip.
I was just looking at that covid low point on the chart and thinking we’re gonna retest that price.

Also there’s a gap at $9.65-$9.72 if you believe in that type of astrology
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Old 04-29-2022, 12:50 PM
  #12522  
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The question is do we sell straight away at the CSPP buy, or is it gonna pop again soon….
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Old 04-29-2022, 12:56 PM
  #12523  
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Originally Posted by Roy Biggins
The question is do we sell straight away at the CSPP buy, or is it gonna pop again soon….

I did very well exactly two years ago holding onto it when….you know….90% of our business evaporated overnight. That’s just me though. If I knew exactly what was going to happen I’d be retired by now!
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Old 04-29-2022, 05:56 PM
  #12524  
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Originally Posted by Roy Biggins
The question is do we sell straight away at the CSPP buy, or is it gonna pop again soon….
Why are we missing 4%ish? My gain for the buy is only 13.52%
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Old 04-29-2022, 06:15 PM
  #12525  
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Originally Posted by somertime32
Why are we missing 4%ish? My gain for the buy is only 13.52%
Because the stock went down today? It’s based on closing price on the 28th which was 11.41. It closed today at 11.01. I assume you’re using today’s closing price to come up with 13.52% (11.01 / 9.699).
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Old 04-30-2022, 02:21 AM
  #12526  
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Originally Posted by PSU Flyer
Because the stock went down today? It’s based on closing price on the 28th which was 11.41. It closed today at 11.01. I assume you’re using today’s closing price to come up with 13.52% (11.01 / 9.699).
Well poop. I figured it would be based on the 29ths closing price since the shares were not in my account until after close on the 29th. Oh well
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Old 04-30-2022, 06:49 AM
  #12527  
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What did the brain trust decide to do about selling this time? I fear it's got more down ahead... But my crystal ball also just broke unexpectedly.
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Old 04-30-2022, 07:23 AM
  #12528  
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Originally Posted by Bluedriver
What did the brain trust decide to do about selling this time? I fear it's got more down ahead... But my crystal ball also just broke unexpectedly.
I have the same fear. We haven’t hit the bottom yet
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Old 04-30-2022, 08:44 AM
  #12529  
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Originally Posted by Roy Biggins
I have the same fear. We haven’t hit the bottom yet
Probably, but I bet it’ll be back up to $14 before long.
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Old 04-30-2022, 11:34 AM
  #12530  
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Originally Posted by Bluedriver
What did the brain trust decide to do about selling this time? I fear it's got more down ahead... But my crystal ball also just broke unexpectedly.
I’m going to sell. I always sell though. Basically I treat it as a 6 months savings account then I toss the money I make off of the trade into FZROX and the amount I put in just goes back into our checking/savings.
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