SAVE stock
02-09-2022 | 02:27 PM
#103
Thread Starter
Line Holder
Joined: May 2015
Posts: 490
Likes: 41
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.
02-09-2022 | 03:02 PM
#104
Gets Weekends Off
Joined: Dec 2005
Posts: 9,485
Likes: 495
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?
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?
02-09-2022 | 05:23 PM
#105
Gets Weekends Off
Joined: Jul 2021
Posts: 1,035
Likes: 0
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.
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.
05-12-2022 | 03:01 AM
#108
The REAL Bluedriver
Joined: Sep 2011
Posts: 6,935
Likes: 0
From: Airbus Capt
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.
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.
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