Airline Pilot Central Forums

Airline Pilot Central Forums (https://www.airlinepilotforums.com/)
-   Spirit (https://www.airlinepilotforums.com/spirit/)
-   -   Earnings call (https://www.airlinepilotforums.com/spirit/129492-earnings-call.html)

ShyGuy 06-03-2020 08:50 PM

It's SAVE to say it's going up :D

week 06-03-2020 08:53 PM


Originally Posted by ShyGuy (Post 3069700)
Push vertical speed? What, you want SAVE stock to level off? :D

is that what that does? I haven’t flown in so long I can’t remember what half the knobs do anyway.

ShyGuy 06-03-2020 10:34 PM


Originally Posted by week (Post 3069801)
is that what that does? I haven’t flown in so long I can’t remember what half the knobs do anyway.

Me neither. I try to push them. If that doesn’t work, I pull them. Once in a while I can get this thing pointed to where I need it to go, but more often than not I have the FO do it.


https://i.imgflip.com/43xinj.jpg







https://i.imgflip.com/43xis7.jpg

Fredturbo 06-04-2020 04:16 AM


Originally Posted by RemoveB4flght (Post 3069514)
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.

This, kiddos, is why pilots don’t make good traders. Too emotional. Too many “I have a hunch” thoughts creating some sort of panic. The easy route has been to simply buy a beaten down stock and hold for more than a couple of weeks.
This is as she buts up against 20 (which is still a fantastic price). The economy is opening back up and people will travel. We should see the 30s later this year. Or you can try to guess the price based on a hunch and miss out on massive gains. I prefer to make triple digits versus single digits. Glta...

DrSteveBrule 06-04-2020 05:32 AM

except every single professional investor doesnt take a single lump of cash, buy low and sell high, because one of two things will happen. The stock tanks or ya hold a nice take, but those that incrementally buy and sell are constantly reaveraging to stretch percentage gains to numbers higher than the charted line. If you're really confident in the stock, you should own calls.

Tranquility 06-04-2020 05:57 AM


Originally Posted by DrSteveBrule (Post 3069870)
except every single professional investor doesnt take a single lump of cash, buy low and sell high, because one of two things will happen. The stock tanks or ya hold a nice take, but those that incrementally buy and sell are constantly reaveraging to stretch percentage gains to numbers higher than the charted line. If you're really confident in the stock, you should own calls.

Some of my best % gains were trading out of the money leaps. The biggest downside was not enough volume to sell when I wanted, but oh boy, the gains were addictive.

DrSteveBrule 06-04-2020 06:47 AM

yeah volume is a big issue with options. I was bag holding julys on CZR since march, was trying to dump them, finally it popped upward and volume came back made a nice bit after being frustrated for two months. Also had july 22.50s for STOR sold at a loss. Itll prolly get there, (just got there) but so slow just regular market shares would've been a better play there. Wish I wouldve bought SAVE July 20 calls last week. Were going for 20 dollars a contract. Someone is making a lot of money right now. Anyway, big ask wall at 20.88 for SAVE. Appears market maker is working hard to keep the price from breaking through.

RemoveB4flght 06-04-2020 07:18 AM


Originally Posted by Fredturbo (Post 3069842)
This, kiddos, is why pilots don’t make good traders. Too emotional. Too many “I have a hunch” thoughts creating some sort of panic. The easy route has been to simply buy a beaten down stock and hold for more than a couple of weeks.
This is as she buts up against 20 (which is still a fantastic price). The economy is opening back up and people will travel. We should see the 30s later this year. Or you can try to guess the price based on a hunch and miss out on massive gains. I prefer to make triple digits versus single digits. Glta...

I made a 100% return on my money, what is panicked about that? Nothing emotional about realizing a gain and moving on to something else.

Tranquility 06-04-2020 07:37 AM


Originally Posted by RemoveB4flght (Post 3069946)
I made a 100% return on my money, what is panicked about that? Nothing emotional about realizing a gain and moving on to something else.

“Bulls make money, bears make money, pigs get slaughtered....”

You did the right thing.

Meep 06-04-2020 07:46 AM


Originally Posted by RemoveB4flght (Post 3069946)
I made a 100% return on my money, what is panicked about that? Nothing emotional about realizing a gain and moving on to something else.

I unloaded enough of my shares to break even. Still have half of them in, so if it keeps going up I’ll be happy. If it tanks again then I’ll use the money I cashed out to buy more.


All times are GMT -8. The time now is 12:24 PM.


Website Copyright © 2026 MH Sub I, LLC dba Internet Brands