Stock price
Stock is taking a bath pre market .. down 12%. absolutely a steal. Buy on the dip. Load up now... the stock just went on sale. Growing company , growing revenue, and cheap stock .. I’m a big time buyer . Down 12% is golden opportunity
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The depressed after hours price is most likely a result of the highest price seen since April and a lot of people closing their position, definitely a good buying opportunity
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https://finance.yahoo.com/news/spirit-airlines-time-arrivals-plan-223050456.html
“Let’s grow the airline but hire almost no FA’s and pilots...” |
Originally Posted by FlyGuy2002
(Post 2858526)
Stock is taking a bath pre market .. down 12%. absolutely a steal. Buy on the dip. Load up now... the stock just went on sale. Growing company , growing revenue, and cheap stock .. I’m a big time buyer . Down 12% is golden opportunity
I owned Spirit from ~$35-$50. I would not buy at current prices unless willing to hold a long time. There is very little margin of safety in the current price. |
If there’s a growth company that I’d buy on a dip of 12-ish% is Beyond Meat. THAT company has some REAL growth prospects.... Not to mention many cannabis companies.
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Don't invest in Airlines rule one! $8 drop on a $54 stock is ~15%. A lot of people took money off the table. Bottom line that's not good and TC will have to explain to the Board why the Company is performing so poorly so quickly after Bob leaves. He better right the ship fast. :eek:
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Originally Posted by Super EZ E
(Post 2858674)
Don't invest in Airlines rule one! $8 drop on a $54 stock is ~15%. A lot of people took money off the table. Bottom line that's not good and TC will have to explain to the Board why the Company is performing so poorly so quickly after Bob leaves. He better right the ship fast. :eek:
Or is there something deeper? I just skimmed.. |
Last time I checked Bob had the stock price in the $30’s for a lengthy period of time.
We’ll recover quickly from this too. Watching the stock market on a day to day basis is a fool’s errand. |
Originally Posted by putzin
(Post 2858717)
He explained some, didn't he? He thought he could run thin and still perform. He also mentioned he's reversing course and that should help.
Or is there something deeper? I just skimmed.. |
Originally Posted by Tranquility
(Post 2858741)
I interpreted it the same way. Fact is, he thought he could do better and didn’t.... Singing while playing the guitar might be cool, but it doesn’t deliver a higher stock price. Though, the quarter itself wasn’t bad....
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