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-   -   Possible Plane Order (https://www.airlinepilotforums.com/spirit/119235-possible-plane-order.html)

FlyGuy2002 09-14-2019 02:48 AM

Any suspension of stock purchases would point to a merger/acquisition .. not a plane order . The SEC doesn’t care about capital expenditures.. investing in ones company on plant , property, equipment is normal growth that all companies strive for. Changing ownership structure, stock distribution, is much more relevant to the government for public companies . Just my hunch if that indeed did happen

Freightcowboy 09-14-2019 03:20 AM


Originally Posted by Halon1211 (Post 2887017)
That is correct, in a filing from yesterday, the SEC had suspended trading for all senior managment pursuant to section § 78u–1.

Boeing has added 24 787’s to its order total from an “unknown customer”

https://www.law.cornell.edu/uscode/text/15/78u-1

It’s related to insider trading

Freightcowboy 09-14-2019 03:28 AM

Everyone realizes that we as a pilot group can’t control if we unite with another carrier or do another aircraft order??

No matter what Spirit plans to do, you can’t control it, the only thing you can do is stay or quit, so relax and find more pleasures in life if that is at all possible with any of you

NK Bumble Bee 09-14-2019 03:47 AM


Originally Posted by Halon1211 (Post 2887017)
That is correct, in a filing from yesterday, the SEC had suspended trading for all senior managment pursuant to section § 78u–1.

Boeing has added 24 787’s to its order total from an “unknown customer”

Searching Spirit's filings on the SEC website last reveals the 8K and 10KQ reports, nothing about 78u-1. Do you have the document link, or is this another "source"?

Omniscient 09-14-2019 04:12 AM


Originally Posted by NK Bumble Bee (Post 2887108)
Searching Spirit's filings on the SEC website last reveals the 8K and 10KQ reports, nothing about 78u-1. Do you have the document link, or is this another "source"?

Exactly. Showing nothing was filed. Be careful with what happens when rumors are spread and catches fire on the WhatsApp network.

Conquistador27 09-14-2019 05:13 AM


Originally Posted by NK Bumble Bee (Post 2887108)
Searching Spirit's filings on the SEC website last reveals the 8K and 10KQ reports, nothing about 78u-1. Do you have the document link, or is this another "source"?

Also, no new 787 orders from undisclosed customers. So far , the smart money has always been on the opposite of what this guy spews.

FLYBOYMATTHEW 09-14-2019 05:17 AM

There is a fairly recent undisclosed order for 15 A321 NEOs though. Also wonder if a stock buyback could cause a freeze on employee stock purchases. Seems like pretty good timing to do so at the current price.

Qotsaautopilot 09-14-2019 10:34 AM


Originally Posted by FLYBOYMATTHEW (Post 2887129)
There is a fairly recent undisclosed order for 15 A321 NEOs though. Also wonder if a stock buyback could cause a freeze on employee stock purchases. Seems like pretty good timing to do so at the current price.

We don’t have an employee stock purchase plan and we are not considered insiders, just labor, so buy away

FLYBOYMATTHEW 09-14-2019 10:38 AM

Wasn't wondering if we could buy it or not, was curious if a buyback freezes purchases for execs.

Qotsaautopilot 09-14-2019 10:58 AM


Originally Posted by FLYBOYMATTHEW (Post 2887287)
Wasn't wondering if we could buy it or not, was curious if a buyback freezes purchases for execs.

I misunderstood, you said employees.


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