Airline Pilot Central Forums

Airline Pilot Central Forums (https://www.airlinepilotforums.com/)
-   Spirit (https://www.airlinepilotforums.com/spirit/)
-   -   SAVE stock (https://www.airlinepilotforums.com/spirit/132445-save-stock.html)

Halon1211 02-09-2022 07:01 AM

So what are you guys/gals going to do with your Spirit stock?

are you going to ride this wave going up and sell it? Or are you gonna let it convert to frontier stock?

Aero1900 02-09-2022 08:10 AM

I'm going to hold it long term. It'll be converted to ULCC at a price premium but I will hold it for a long time

FlyGuy2002 02-09-2022 02:27 PM


Originally Posted by Aero1900 (Post 3369466)
I'm going to hold it long term. It'll be converted to ULCC at a price premium but I will hold it for a long time

you'll get 1.91 shares of ULCC for each share of SAVE you own. When that day is, I’m assuming when the merger becomes finalized .
No way of knowing what the price of ULCC will be on that day. And you’ll get a straight buy out in cash of $2.13 per share of However many shares of SAVE you owned. Im
Hanging onto all my shares .. when the conversion happens I’ll have several thousand shares
of ULCC.

ShyGuy 02-09-2022 03:02 PM

I was wondering when is that payout and stock conversion? When the merger closes later this year?


I'm hanging onto my SAVE shares. I got them when they were under $10 back in May 2020 when Spirit did the stock offering at $10. I don't see a reason to sell it right now?

dualinput 02-09-2022 05:23 PM

What’s the typical trajectory of airline stocks? Even held for another 10 years and 800 planes in the combined company where will it be? This may actually be a good exit for most IMO.

Spirit and Frontier stocks were always kind of like investing in a start up even though the companies themselves have been around for ages. Grow enough and cause enough irritation to the competition until you get acquired and cash out. It could be argued for an investor that there may be another step to that plan a few years from now but it seems to me for SAVE conversion to ULCC plus cash there really isn’t much more meat on the bone in the future for stock price at least.

panpanpan 05-11-2022 06:04 PM

SAVE stock now needs a 100% gain to reach the value of the jetBlue offer. I wonder how shareholders feel about that.

dualinput 05-11-2022 06:10 PM

Give me my 33

Bluedriver 05-12-2022 03:01 AM


Originally Posted by dualinput (Post 3369800)
What’s the typical trajectory of airline stocks? Even held for another 10 years and 800 planes in the combined company where will it be? This may actually be a good exit for most IMO.

Spirit and Frontier stocks were always kind of like investing in a start up even though the companies themselves have been around for ages. Grow enough and cause enough irritation to the competition until you get acquired and cash out. It could be argued for an investor that there may be another step to that plan a few years from now but it seems to me for SAVE conversion to ULCC plus cash there really isn’t much more meat on the bone in the future for stock price at least.

Been 3 months since this post, you've been more than right so far.

Macjet 05-12-2022 08:21 AM


Originally Posted by dualinput (Post 3420875)
Give me my 33

The only value in SAVE stock is the upcoming ability to vote 'no'

panpanpan 09-30-2022 12:15 PM

The stock just tanked 6% in the last 30 mins of trade on heavy volume. Maybe the deal fell apart? Seems like someone knows something.


All times are GMT -8. The time now is 11:44 PM.


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