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-   -   Save stock down way more than competitors? (https://www.airlinepilotforums.com/spirit/128171-save-stock-down-way-more-than-competitors.html)

FlyGuy2002 03-24-2020 06:54 AM


Originally Posted by Spectre186 (Post 3009486)
Who else is riding this SAVE rocket ship to the moon with me right now? Up nearly 40% this morning!

I bought around $8.50. Not enough to really make huge amounts ... I didn’t have lots cash but I wanted to buy 1000/2000 shares , but I’ll take what I got

Halon1211 03-24-2020 07:25 AM


Originally Posted by Spectre186 (Post 3009486)
Who else is riding this SAVE rocket ship to the moon with me right now? Up nearly 40% this morning!

I knew I should of waited till it got lower. But it’s alright... If our stock will eventually go back up to around $40 then I’ll double my money.

NKSpilot 03-24-2020 07:38 AM

I guess you guys know some secret information that Bank of America doesn’t

https://www.marketwatch.com/story/sp...ies-2020-03-23

RemoveB4flght 03-24-2020 07:51 AM

If you bought at $9 and have made 40% today and don’t sell, well don’t cry when it drops again.

we have a lot of months of bad numbers ahead, so if you think this is the start of a march right back up to $40 then you have a roller coaster ahead.

40% is​​​​​ mammoth gain for any investment. ​Take the win, sell, and catch it on the rise again on the other side of this mess

FlyGuy2002 03-24-2020 07:53 AM

In this volatility nobody knows the future , myself and Bank of America included. It’s a calculated risk. I believe more pain is coming and this will take years to build back up . But I feel spirit is a well run company, with good financials and provides a service that will be around in the future. Warren buffet said , don’t buy a stock for 10 minutes that you aren’t prepared to hold for10 years. I’m willing to hold onto this for decade or longer, and if I were a betting man, this stock (and many many others) will be much higher in 10 years from now. Even if we get bought in the future I feel the purchase price will be higher . Investing is risky and personal to everyone , but when good companies are in the 1/2 price aisle, I’ll go shopping. One mans opinion
https://seekingalpha.com/article/433...ative-to-peers

Qotsaautopilot 03-24-2020 08:12 AM

Get out now if you bought at the low. We will see new lows. This is just getting started.

Spectre186 03-24-2020 08:18 AM

I’m planning on selling after the stimulus plan gets approved, then buying back in when it inevitably drops again. I believe Spirit will be successful long term as long as they can survive this.

bottoms up 03-24-2020 08:31 AM


Originally Posted by FlyGuy2002 (Post 3009511)
I bought around $8.50. Not enough to really make huge amounts ... I didn’t have lots cash but I wanted to buy 1000/2000 shares , but I’ll take what I got

bought a pretty substantial amount at $7.50. Did the same with UAL at $18. I’m taking the long play approach so will revisit in a year or so. Really dumb luck as I had sold some electric car stock before this mess and the gains were burning a hole in my pocket. You know a fool and his money are soon parted...I saw this play out after 9-11 and am expecting something similar. I give terrible advice so don’t listen to me. I normally play the market the pilot way. Buy high and sell low. Don’t tell my wife

Balker 03-24-2020 08:50 AM


Originally Posted by RemoveB4flght (Post 3009574)
If you bought at $9 and have made 40% today and don’t sell, well don’t cry when it drops again.

we have a lot of months of bad numbers ahead, so if you think this is the start of a march right back up to $40 then you have a roller coaster ahead.

40% is​​​​​ mammoth gain for any investment. ​Take the win, sell, and catch it on the rise again on the other side of this mess

Exactly. Could be fun but one needs a rubber. Trailing stops are your best friends.

Silver02ex 03-24-2020 11:12 AM


Originally Posted by Spectre186 (Post 3009621)
I’m planning on selling after the stimulus plan gets approved, then buying back in when it inevitably drops again. I believe Spirit will be successful long term as long as they can survive this.

“It's a bold strategy, Cotton. Let's see if it pays off for 'em”


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