Possible Plane Order
#561
Banned
Joined: Oct 2014
Posts: 2,001
Likes: 0
From: 6 Train - Panhandler
#562
Banned
Joined: Oct 2014
Posts: 2,001
Likes: 0
From: 6 Train - Panhandler
I’ve loaded up big time. In fact many investors are. The fair market value of SAVE is over 50 clams according to Morningstar.com, a service that has gained me a wealth of economic decision-making knowledge.
#563
Gets Weekends Off
Joined: Oct 2010
Posts: 4,603
Likes: 0
I’m in probably too high and have been trying to lower my cost basis a little during the fall but at some point I have to say that’s enough money to throw at it.
#564
Gets Weekends Off
Joined: Feb 2009
Posts: 1,267
Likes: 0
Jeez what are we even talking about?
#565
#567
Gets Weekends Off
Joined: Mar 2017
Posts: 566
Likes: 0
Just out of curiosity (and enough laziness to not do my own research) what would a controlling interest in Spirit cost right now?
Is it feasible that Spirit could ever become an "employee-owned" publicly traded company?
Is it feasible that Spirit could ever become an "employee-owned" publicly traded company?
#568
68,440,000 shares / 2 = 34,220,000
34,220,000 is worth 1.32B
Show 7700 employees
So $172,000 per employee.
Remind the FA the next time she doesn’t pay for her coffee that she will need $172k for her share to buy in to Spirit. Or the CA who won’t break a buck off for the van driver.
#569
I wouldn’t call you stupid, it’s your money... You are putting a lot of your eggs in one basket though. Again, your money, your choice.
DAL and LUV are probably better picks in this sector though. I previously owned DAL, bought during the Ebola scare low, sold at $55.xx over a year ago. It’s been bouncing around in the mid 50’s to low 60’s, so I’m content with that trade. Better places to make money now than the airline industry, imho.
DAL and LUV are probably better picks in this sector though. I previously owned DAL, bought during the Ebola scare low, sold at $55.xx over a year ago. It’s been bouncing around in the mid 50’s to low 60’s, so I’m content with that trade. Better places to make money now than the airline industry, imho.
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