Earnings call

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06-03-2020 | 07:54 AM

#211

senecacaptain

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Joined: Nov 2019

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My uneducated observation is SAVE is the best performing airline stock in the last month or so.

great job guys

06-03-2020 | 08:05 AM

#212

Fredturbo

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Joined: Nov 2017

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Quote:

Originally Posted by Fredturbo

Just did my part. Grabbed 6K shares at 9.80. Should be pretty much the low water mark. Time to get back to work and take mofos to the beach.

Still sitting on my 6K shares from 9.80 last month. I knew all along this CV was a scam which led to significant buying opportunities. Thanks for the work! I almost feel like the CEO as he stares at his options going up and up.

06-03-2020 | 10:02 AM

#213

FlyGuy2002

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Joined: May 2015

Posts: 490

Likes: 41

Quote:

Originally Posted by Fredturbo

nicely done ! I only bought 1100 shares Under $10. So I’m up but not as handsomely as you . Question is your shares in a tax sheltered account ? Remember if it isn’t and you sell
it for a profit before holding it a year, it’s taxed as normal income 😝.

06-03-2020 | 10:09 AM

#214

DrJekyll MrHyde

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Joined: Aug 2016

Posts: 729

Likes: 22

From: Bus CA

Quote:

Originally Posted by FlyGuy2002

So tempted to sale today, but I keep telling myself it has a long way to climb if Spirit kills it over the next year. I put in a large (for me) contingency order at $8.10 or less and it executed my purchase at $8.05. Selling today means doubling my money plus paying taxes.

06-03-2020 | 10:19 AM

#215

Fredturbo

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Joined: Nov 2017

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Quote:

Originally Posted by FlyGuy2002

It’s all in my 401k with 1/2 in the Roth 401k so no taxes, at least for a while. I believe she hits 20 by mid month and will trend up to the 30s as the economy continues to open and bookings increase. Glta.

06-03-2020 | 10:47 AM

#216

RemoveB4flght

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Joined: Aug 2008

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Most airlines stocks today got a push from the talk of bans on Chinese carriers.

I also bought in sub $9 and cashed out today at $17

It’s not that I think our stock won’t continue to rise, but I have a hunch it will sink a bit before it does. I’ll probably buy back in at some point with my original ante.

Either way, when you see a 100% gain it’s never a bad thing to sell. Few grand to offset my VIL last month.

06-03-2020 | 11:49 AM

#217

ShyGuy

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Joined: Dec 2005

Posts: 9,489

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Quote:

Originally Posted by Tranquility

Unload any of your position at all?? The only criticism I can give on this trade is you should have bought in tranches to lower your overall basis. Still, nicely done so far. “Be greedy when others are fearful....”

Still holding it.

My only regret is not buying more when SAVE dropped to $7-9 range for the three days after I bought it.

06-03-2020 | 12:55 PM

#218

comrcap

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Joined: Jan 2011

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First target is $22 then$32.
Huge base to launch off from!

Attached Images

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06-03-2020 | 01:47 PM

#219

Meep

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Joined: Feb 2020

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Wish I’d bought more than 50 shares. But, I’m still first year and facing a possible furlough.

06-03-2020 | 02:31 PM

#220

phly

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Joined: Mar 2017

Posts: 82

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Quote:

Originally Posted by Meep

Wish I’d bought more than 50 shares. But, I’m still first year and facing a possible furlough.

That's my feeling too. I feel like cash is king until we're out of the darkness. Still building the rainy day (decade) fund so there isn't a lot to play with.