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-   -   Spirit stock down 24% .... a buy out by (https://www.airlinepilotforums.com/spirit/123137-spirit-stock-down-24-buy-out.html)

Five Ohh 09-10-2019 01:57 PM


Originally Posted by offmyrocker (Post 2884834)
Blows my mind that pilots can’t figure this part of the equation out. At the end of the day we are union workers....

Exactly! He's a corporate CEO at heart. Has been vocally anti-union since the 80's. If you think he's coming to a union worker's defense. You're kidding yourself. See how fast guys like that would open up a regional model and start outsourcing flying to Republic or Moxy.

The Localizer 09-10-2019 04:11 PM


Originally Posted by offmyrocker (Post 2884834)
Blows my mind that pilots can’t figure this part of the equation out. At the end of the day we are union workers....

I’ll take trump over alpa any day

Macjet 09-10-2019 04:25 PM


Originally Posted by offmyrocker (Post 2884834)
Blows my mind that pilots can’t figure this part of the equation out. At the end of the day we are union workers....

Any any Democrat President HAS been labor friendly?

Qotsaautopilot 09-10-2019 05:42 PM


Originally Posted by Macjet (Post 2884981)
Any any Democrat President HAS been labor friendly?

I don’t think it’s democrat vs republican. It was trump specifically hypothetically being CEO of Spirit. I can only say it would never happen and if it did it would only be bad for the pilots. I think we can let this die.

symbian simian 09-10-2019 09:39 PM


Originally Posted by Macjet (Post 2884981)
Any any Democrat President HAS been labor friendly?

maybe not, but I am going to go of on a wild tangent here:
I would guess on average D is more labor friendly than R.

YourMom 09-11-2019 03:02 AM


Originally Posted by symbian simian (Post 2885115)
maybe not, but I am going to go of on a wild tangent here:
I would guess on average D is more labor friendly than R.

Yeah maybe more union friendly but they take more of your money and there are less jobs available. I hope you all are enjoying more money in your paychecks.

gringo 09-11-2019 03:06 AM

History is haaaard.

Reality is haaaard.

Macjet 09-11-2019 03:52 AM


Originally Posted by symbian simian (Post 2885115)
maybe not, but I am going to go of on a wild tangent here:
I would guess on average D is more labor friendly than R.

Maybe. But that hasn't resulted in any tangible benefits from the White House. Clinton ordered the American pilots back to work and raped the working man with NAFTA. Obama was willing to destroy two hundred years of bankruptcy law and precedent to payoff the UAW though. And Obama did violate the law and appoint three members to the NLRB during 'recess' which was struck down by the courts. So I will have to give the illegitimate Prez some props for that. However, neither, and we'll have to include Bush 41 and 43 as well, did nothing to tame China and their pillaging of intellectual property or the destruction of numerous US industries and jobs. Trump may not be as labor friend but even Soros agrees, that on China, Trump is right as rain.

Macjet 09-11-2019 03:53 AM


Originally Posted by Qotsaautopilot (Post 2885023)
I don’t think it’s democrat vs republican. It was trump specifically hypothetically being CEO of Spirit. I can only say it would never happen and if it did it would only be bad for the pilots. I think we can let this die.

I wonder who would be worse; Ted or Trump?

Skypilotsv1984 09-11-2019 04:27 AM

Ted is certainly no friend of labor.

Qotsaautopilot 09-11-2019 05:14 AM


Originally Posted by YourMom (Post 2885162)
Yeah maybe more union friendly but they take more of your money and there are less jobs available. I hope you all are enjoying more money in your paychecks.

Only reason we have bigger paychecks is because we are union. I can only imagine 2200 individually negotiated salaries and schedules. Corporate pilots would be a good example. Work more for a lot less in most cases. Outliers yes, but on the whole I’d bet we’d be making half.

balakay 09-11-2019 06:45 AM

Didn't Obama sign the approval in his last days of office to allow NAI Flag of Convenience model? Not to get into a political pi$$ing match, but we can get shafted from both political parties

Qotsaautopilot 09-11-2019 06:57 AM


Originally Posted by balakay (Post 2885270)
Didn't Obama sign the approval in his last days of office to allow NAI Flag of Convenience model? Not to get into a political pi$$ing match, but we can get shafted from both political parties

Exactly why we need to ditch the parties and politicians could be judged on individual accomplishments instead of this tribal rep vs dem nonsense.

So basically you have to be pro all guns, no abortion ever, zero taxes, let corporations do whatever they want, anti organized labor (if you want to make more we should all be CEOs and if you aren’t you didn’t work hard enough), hate the environment

Or

Ban all guns, let people abort babies as they are being born, tax 100%, regulate everything so corporations can’t run, and give the earth back to the animals.

Nothing mixed between the two ideologies is allowed and certainly no moderate version. And why judge anyone on their record or actual ideals. And let’s forget the thousands of other issues besides these because they don’t matter. All that matters is the party and the party platform.

System is a joke.

Erase party affiliation from the ballot and watch people’s heads explode. My city council has no party affiliation and is probably one of the best run cities in America from a financial and amenities standpoint.

balakay 09-11-2019 09:51 AM

Two words: Term Limits...................................end of political rant

Sniper66 09-11-2019 10:08 AM


Originally Posted by Qotsaautopilot (Post 2885210)
Only reason we have bigger paychecks is because we are union. I can only imagine 2200 individually negotiated salaries and schedules. Corporate pilots would be a good example. Work more for a lot less in most cases. Outliers yes, but on the whole I’d bet we’d be making half.





Very well said
People forget very easy about that

TrojanCMH 09-11-2019 07:03 PM


Originally Posted by Qotsaautopilot (Post 2885280)
Exactly why we need to ditch the parties and politicians could be judged on individual accomplishments instead of this tribal rep vs dem nonsense.

So basically you have to be pro all guns, no abortion ever, zero taxes, let corporations do whatever they want, anti organized labor (if you want to make more we should all be CEOs and if you aren’t you didn’t work hard enough), hate the environment

Or

Ban all guns, let people abort babies as they are being born, tax 100%, regulate everything so corporations can’t run, and give the earth back to the animals.

Nothing mixed between the two ideologies is allowed and certainly no moderate version. And why judge anyone on their record or actual ideals. And let’s forget the thousands of other issues besides these because they don’t matter. All that matters is the party and the party platform.

System is a joke.

Erase party affiliation from the ballot and watch people’s heads explode. My city council has no party affiliation and is probably one of the best run cities in America from a financial and amenities standpoint.



We agree on something!!


Sent from my iPhone using Tapatalk

SSlow 09-13-2019 08:51 AM

Anyone load up on SAVE after the updated Q3 guidance drop? I got in around $35

Qotsaautopilot 10-03-2019 03:27 PM

New low today. What is going on here? What supports this slow steady drive to the gutter?

Tranquility 10-03-2019 04:08 PM

The whole sector is in the gutter. DAL came out with weaker than expected cost guidance, and they report next week, so we’ll see what they say. The real shocker for me is AAL; they’re trading near where the stock reissued after bankruptcy if I’m not mistaken....

Flightcap 10-03-2019 07:46 PM

The sector is in trouble right now and SAVE has no real support line from which to rebound. It death crossed all the way back in May and has seen the 50 and 200 day lines diverge almost every session since then. Spirit has only seen this price point in five weeks since 2014. Its RS line is by far the lowest it's been in those five years. From a technical standpoint there's no way of telling where the bottom is. DD investors don't see any value in it either. There aren't any fundamental strengths from the last quarter to bolster it and the C suite has been warning of a bad Q3 earnings report since the Q2 call. At this point it's free fall until news or earnings break it loose.

I currently own a couple of long interests as a wildcard.

SSlow 10-04-2019 12:03 PM

I'm holding mine for now. There was a large amount of insider purchasing in late July at the $41-42 range. The directors don't just blindly make large purchases. They are privileged to information that isn't available to the rest of us.

https://www.nasdaq.com/market-activi...sider-activity

SSlow 10-04-2019 12:06 PM

Also interesting is that Fornaro resigned from the BOD last week. Two new members were added, one of which is the long time former CEO of Hawaiian.

https://www.globenewswire.com/news-r...Directors.html

Tranquility 10-04-2019 01:19 PM

My limit alert is set at $29.99. If it hits, and I have the dry powder, I may pull the trigger on it.

LandGreen 10-04-2019 01:42 PM


Originally Posted by Tranquility (Post 2898397)
My limit alert is set at $29.99. If it hits, and I have the dry powder, I may pull the trigger on it.

Guitar Hero’s q3 earnings call is Oct 24th. I’d expect it to be in your wheel house then.

Flightcap 10-10-2019 06:51 PM


Originally Posted by Flightcap (Post 2897971)
The sector is in trouble right now and SAVE has no real support line from which to rebound. It death crossed all the way back in May and has seen the 50 and 200 day lines diverge almost every session since then. Spirit has only seen this price point in five weeks since 2014. Its RS line is by far the lowest it's been in those five years. From a technical standpoint there's no way of telling where the bottom is. DD investors don't see any value in it either. There aren't any fundamental strengths from the last quarter to bolster it and the C suite has been warning of a bad Q3 earnings report since the Q2 call. At this point it's free fall until news or earnings break it loose.

I currently own a couple of long interests as a wildcard.

Well there's the news. Better than expected cost guidance for Q3 is leading the stock to a large after-hours gain. It happens to coincide with a price level similar to multi-year support. We'll see where it goes from here.

Sniper66 10-11-2019 02:31 AM


Originally Posted by Flightcap (Post 2901786)
Well there's the news. Better than expected cost guidance for Q3 is leading the stock to a large after-hours gain. It happens to coincide with a price level similar to multi-year support. We'll see where it goes from here.



58 by dec 2019

My guess

Halon1211 10-11-2019 02:43 AM


Originally Posted by SSlow (Post 2898355)
Also interesting is that Fornaro resigned from the BOD last week. Two new members were added, one of which is the long time former CEO of Hawaiian.

https://www.globenewswire.com/news-r...Directors.html

The other one, Richards, used to be at FedEx...that’s it! We are going to merge with FedEx And start to flying ultra-low cost packages! The front of the plane will be yellow and the back will be purple.

FlyGuy2002 10-11-2019 04:25 AM

Just bought 200 shares on the way to work this AM. Q3 numbers will be messy with the Dorian expenses I suspect .. but I think this might be excellent entry point.. let’s hope the future guidance is strong . It’ll be a robust holiday season !

RemoveB4flght 10-22-2019 01:42 PM

Q3 Earnings to be published after market close tomorrow. While Dorian will have an impact on revenue, will be interesting to see how we fared with some of the other metrics. Hopefully there’s a pop to share price, if not Thursday’s call should be interesting.

Tranquility 10-22-2019 03:26 PM

Interesting that the call is at a different time than usual.... :confused:

MCDUmanipulator 10-22-2019 03:34 PM


Originally Posted by Tranquility (Post 2910637)
Interesting that the call is at a different time than usual.... :confused:

Big announcement tied with it.

ASAPsafetyGUY 10-22-2019 04:28 PM


Originally Posted by MCDUmanipulator (Post 2910643)
Big announcement tied with it.

It’s going to be huge. I’m sure this time.

CAirBear 10-22-2019 05:08 PM


Originally Posted by Tranquility (Post 2910637)
Interesting that the call is at a different time than usual.... :confused:

When is the call now?

FNGFO 10-22-2019 06:27 PM

Shows 10am.

Halon1211 10-22-2019 09:39 PM


Originally Posted by MCDUmanipulator (Post 2910643)
Big announcement tied with it.

I’ll be wearing my black and yellow...and green.

SG1159 10-23-2019 04:53 AM


Originally Posted by Tranquility (Post 2910637)
Interesting that the call is at a different time than usual.... :confused:

10am vs Q2 at 930??

Tranquility 10-23-2019 05:14 AM


Originally Posted by SG1159 (Post 2910927)
10am vs Q2 at 930??

Precisely!! Has to mean something’s up.... :D

WhiteMorpheus 10-23-2019 05:59 AM


Originally Posted by Tranquility (Post 2910940)
Precisely!! Has to mean something’s up.... :D

It's to better accommodate the 2hr time difference from FLL to DIA.

Sniper66 10-23-2019 06:41 AM


Originally Posted by Tranquility (Post 2910940)
Precisely!! Has to mean something’s up.... :D



100 orders
Airbus

Stock 42 by tomorrow noon

295 million profit for the quarter

SG1159 10-23-2019 07:00 AM


Originally Posted by Sniper66 (Post 2910988)
100 orders
Airbus

Stock 42 by tomorrow noon

295 million profit for the quarter

Maybe so....

https://finance.yahoo.com/news/spirit-airlines-close-agreeing-major-144048959.html


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