Spirit Stock
02-26-2020 | 06:43 PM
#21
Line Holder
Joined: Mar 2016
Posts: 663
Likes: 46
02-26-2020 | 06:58 PM
#22
Line Holder
Joined: Dec 2019
Posts: 339
Likes: 0
From: A320 For Your Health
because we go to the same airports and the fear of people getting sick in airports is real. People just dont wanna be in a tube with sick people. peoplen dont wanna open boxes with corona from china in them. people dont wanna have corona laced cruiseship buffet. SAVE may be headed for 28.
Im printing tendies.
Im printing tendies.
02-26-2020 | 08:29 PM
#23
Gets Weekends Off
Joined: Oct 2010
Posts: 4,603
Likes: 0
because we go to the same airports and the fear of people getting sick in airports is real. People just dont wanna be in a tube with sick people. peoplen dont wanna open boxes with corona from china in them. people dont wanna have corona laced cruiseship buffet. SAVE may be headed for 28.
Im printing tendies.
Im printing tendies.
02-26-2020 | 11:10 PM
#24
Gets Weekends Off
Joined: Jun 2005
Posts: 1,125
Likes: 0
From: Under the Frog
Remember that earnings call where we missed by something like 0.00007% and the stock dropped some $13?
Good times.
Haters always gonna find a reason to hate, but soon all their base will belong to us so it won’t matter.
HODL.
02-27-2020 | 07:08 AM
#25
Gets Weekends Off
Joined: Oct 2019
Posts: 110
Likes: 0
have we seen a decrease in bookings I’m not aware of. Has the company released guidance to the public of corona related issues. I ask because the other airlines have. They fly to China and have stopped which has a real affect on income. So far seems like business as usual at spirit so the plummeting stock seems excessive.
I want to stay optimistic, but I don’t think this will be a good year for us.
02-27-2020 | 08:10 AM
#26
Gets Weekends Off
Joined: Oct 2019
Posts: 439
Likes: 0
Spirit Has Virus Protection -- Market Talk
11:20 AM ET 2/6/20 | Dow Jones Related Quotes 12:08 PM ET 2/27/20 Symbol Last % Chg SAVE 31.82 -3.34% Real time quote.
11:20 ET - Spirit Airlines CEO Ted Christie says coronavirus isn't hurting demand, but the airline has contingency plans should there be any domestic outbreak. Spirit has 27 "unencumbered" jets, which are easier to park without seeking backing from lenders, and it's leisure-focused network can be rejigged faster than network carriers more reliant on business passengers. The biggest current headwind is potential Airbus jet delivery delays in 2021. ([email protected]; [MENTION=27313]Doug[/MENTION]cameron)
from the conference call 2/6
11:20 AM ET 2/6/20 | Dow Jones Related Quotes 12:08 PM ET 2/27/20 Symbol Last % Chg SAVE 31.82 -3.34% Real time quote.
11:20 ET - Spirit Airlines CEO Ted Christie says coronavirus isn't hurting demand, but the airline has contingency plans should there be any domestic outbreak. Spirit has 27 "unencumbered" jets, which are easier to park without seeking backing from lenders, and it's leisure-focused network can be rejigged faster than network carriers more reliant on business passengers. The biggest current headwind is potential Airbus jet delivery delays in 2021. ([email protected]; [MENTION=27313]Doug[/MENTION]cameron)
from the conference call 2/6
02-27-2020 | 09:04 AM
#29
Perennial Reserve
Joined: Jan 2018
Posts: 14,246
Likes: 257
Caribbean and Central America exposure. Short term it may get worse but 18 months out it will all be over. Nobody does well at guessing the bottom. If you are a buy and hold person it’s probably time to start dollar cost average buying.
02-27-2020 | 09:14 AM
#30
Gets Weekends Off
Joined: Oct 2010
Posts: 4,603
Likes: 0
I’ve been cost averaging until we started our slow climb back into the 40s. Problem is now I’m more overweighted to spirit so I’m having trouble rationalizing putting more money in now. I’m long on the company but this isn’t my 401k so my horizon isn’t far out. Probably won’t need the money near term but you never know
anyone remember the market history on SARS. How far was the fall on the market and how long was the recover to get even?
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