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Originally Posted by gringo
(Post 3013974)
Do I hold and watch it go down, or sell and watch the stock go up?
🤔 |
Originally Posted by gringo
(Post 3013974)
Do I hold and watch it go down, or sell and watch the stock go up?
🤔 Sold to watch go down. Will jump in again near the previous low. It’s coming. Crap news for ages. For all airlines. |
When the Coronavirus does eventually blow over do you think we will be back around $40/share, or do you all think it will take sometime afterwards to to get their because of the financial impact?
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Originally Posted by stevo22
(Post 2999870)
Any idea why our stock is down WAY more than competing airlines? Obviously everyone is taking a huge hit for the coronavirus, but why is Spirit doing the worst? I personally felt we were in a somewhat decent position comparatively to weather this storm.
I admit, I'm not the most savvy when it comes to anything Wall St. related, but this is a bit concerning, is it not? In the past month, this is how aviation stocks have fared: SAVE down 66% DAL - 35% LUV - 29% ALGT - 32% JBLU - 48% AAL - 52% HA - 50% UAL - 48% ALK - 42% |
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Originally Posted by stevo22
(Post 3016936)
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Originally Posted by FNGFO
(Post 3016971)
I’m sure it’s on their minds. I think one investment group already acquired a good bit of United’s debt, and anyone forgoing the stimulus payout isn’t bound by the no M/A language contained within.
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Originally Posted by SAABoroowski
(Post 3016979)
so I guess they don’t plan on taking the grant money
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Originally Posted by FNGFO
(Post 3016971)
I’m sure it’s on their minds. I think one investment group already acquired a good bit of United’s debt, and anyone forgoing the stimulus payout isn’t bound by the no M/A language contained within.
From what I have searched (the whole document), taking grant money or loans does NOT preclude airlines from mergers or acquisitions according to the Bill. The timeline for our arranged marriage may have been pushed up. Only a handful of people know. |
Originally Posted by DrJekyll MrHyde
(Post 3017218)
I literally just did a word search on 883 page document. Nowhere in the Stimulus Bill does the word “merger” appear. “Acquisition” appears 11 times and it is only in reference to “the acquisition of warrants, stock options, common or preferred stock” of one’s own company.
From what I have searched (the whole document), taking grant money or loans does NOT preclude airlines from mergers or acquisitions according to the Bill. The timeline for our arranged marriage may have been pushed up. Only a handful of people know. |
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