Earnings call
06-05-2020, 05:32 AM
#246
Gets Weekends Off
Joined APC: Nov 2017
Posts: 350
Still have my 6K shares from the single digits. This isn’t hype, the airlines were simply and massively oversold. Sorry for those who believed “this is crazy, insane, etc. It just can’t keep going up”. Lol.....Things are getting better by the day. I’ll sell 1k at 28 and hold the rest until she gets back to the 50s (which might be a few years, but I have nowhere to go). Glta....
06-05-2020, 07:19 AM
#250
Gets Weekends Off
Joined APC: Dec 2019
Position: A320 For Your Health
Posts: 290
oversold or not, the stock was trading at 33 just 6 months ago while running a full schedule and taking net profits. Now were losing at last word 4 million per day (im sure it's less now) and the stock price is 25? Fundamentally, that wont hold. Spirit will recover faster than others and has a chance at pushing toward the old 60 to 80 dollar level if things go just right, but don't act like you're surprised if it falls back to sub 20 by end of day. 22 is a much better price, but it should've gotten there in july, not now. Either there's gonna be a big red candlestick soon or a long period of sideways action.
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