2 year T-bills. 1’s are around there too I think….

Bottom of the market will be 22-25k on the Dow. The yield curve is inverted so we aren’t even close to the bottom of this. This is not like 2008. At that time bonds sky rocketed as the equity markets fell. We are in a period of stagflation that will take years to recover from. Possibly 10 yrs if our govt (junta) doesn’t remove its head from its bum.


Pay your stuff off.

Post that on the Alaska forum in the TA threads and you'll be a labeled a Doomer.

I agree with you, btw.

I’m anti merger and hoping it gets squashed. But I got my $6000 from Jetblue today.. thank you Robin and company..

huh, I need to check my account then…

How does it come?

I have 2 lots in two different accounts.
it came cash (obviously) right into Both accounts. If you own it then check your accounts.
it should be there.


Typo error.. $5000. (2000 shares)

Nada here…. :(

Mine is there too. It doesn’t show under your workplace.schwab account though.

well for what it’s worth I have 1/2 my shares in the PCRA within the 401k, and it showed up today. 🤷🏻‍♂️

Mine are through a separate brokerage trading account, perhaps there’s a lag….

yeah perhaps. But there’s zero doubt you’ll get it.
The clearing house/transaction may take an extra day. But you’ll get it 100%. As long you as owned the stock on or before September 12

It’s there now. :)

Now take that money and buy spirit stock w it and next year I’ll be the easiest money you ever made

That post made no sense….

Why would I buy stock when my current basis is in the single digits??

Bc it’s at $22ish and when this closes next year they’ll pay you $33.50

Okie dokie…. You go ahead and do that. In the mean time, I’ll sell my Bed Bath Beyond put contracts for massive gains…. I’ll hold my current basis of SAVE until the merger is complete. Lots of other fish to fry….

I actually sell bed bath And beyond coupons on let go. Pokémon too

Looks like Spirit will start to issue dividends starting January 31st. (Jan 25th Ex-dividend date)

If you had your SAVE stock for a while you could be “double dipping” with your dividends and your your JetBlue ticking fee.

https://www.marketbeat.com/instant-alerts/nyse-save-earnings-date-2023-01-30/

Spirit ain’t paying crap, there isn’t 2 payments. The “dividend” is the ticking fee, paid by JBLU

Not even Spirit’s management is bad enough to issue a .10 dividend on earnings projected to be .04

The article is misleading then…because it specifically says Spirit is paying dividends. I’m not saying your wrong. I think the article could be wrong.

Spirit 8K filing specified this payment, what it’s for and who is paying it.

Actually, I received a dividend $0.10 per share of SAVE stock just as the article stated. It showed up in my eTrade account on 01/31/23. Just FYI.

The money came from Jetblue and will continue monthly until 400 million dollars is dispersed.

And that is the ticking fee, courtesy of JetBlue, paid as they stated, for 1/31. Spirit ain’t paying anything.

https://d18rn0p25nwr6d.cloudfront.net/CIK-0001498710/c3f52e5b-c74a-46e2-9c67-9c36cab1d47e.pdf

Hey, we only lost 270 million in the fourth quarter! Congrats to our management!


https://www.prnewswire.com/news-rele...301739785.html

First to profitability!

if this merger doesn’t go through how’s this going to play out?

Doesn’t seem great. Utilization is down and they’re adding more airplanes. Attrition is way up. They’re sunk, and there’s a possibility they don’t make it to the merger, but I think that’s pretty low probability.

I’m kinda worried…should I start selling my sperm now?

I don’t know about you, but I am having to put my sperm on sale, 50% off.

Start selling more pringles and toxic elote.

Company had $363m in special items in Q4 which is reflected in the loss for GAAP accounting. Unfortunately, few companies use GAAP standards and like Spirit, report on "adjusted" earnings. So once NK takes out their $363 in special items, they show a profit. So as far as Wall St is concerned, they dont are about the GAAP loss, they care about the adjusted earnings beating estimated by a ton. Its why the stock is up in after hours. The company posted a profit as far as they are concerned.

In case anyone is curious, $348m of that loss was described as...

"2022 includes legal, advisory, and other fees related to the former Agreement and Plan of Merger with Frontier Group Holdings, Inc. and Top Gun Acquisition Corp. (the “Frontier Merger Agreement”), the unsolicited proposal by JetBlue to acquire all of the Company's outstanding shares in an all-cash transaction, and the Agreement and Plan of Merger with JetBlue and Sundown Acquisition Corp. (the "JetBlue Merger Agreement"). In addition, 2022 includes costs associated with the retention bonus programs under the Frontier Merger Agreement and the JetBlue Merger Agreement"

Nice to see we’ll be doubling our 321 fleet by year end 2024. That should help the override with the 319s being sold.

look at that! another pay raise… kinda

Looks like the ULCC model is still viable as long as you don’t have incompetent CEO’s/management

https://airwaysmag.com/frontier-repo...ng-q4-profits/

Oh they are just as incompetent trust me.

We were doing great at 100 planes. It’s 200 that’s the problem. You can apparently run a ULCC airline that generates profits when it has 100 planes and you keep the same infrastructure as when it had 50 planes. Problem is you cannot run with the infrastructure for 50 planes when you have 200. That is our problem.

On a side note I would never want to be an employee of Frontier. That place is set up to be a cash machine for its owners and northing else. The amount of daily BS one would have to deal with over a career would be massive. They have no interest in running an airline or making anyone happy but themselves.

but for some reason their stock is down 17% today.

Probably the institutional investors getting tired of the obvious baloney and constant downplaying of existential threats by management during the earnings calls. I think they are starting to call the bluff.

Listening to UALs earnings call for 4Q, maybe Kirby will not be 100% correct about all of his predictions, but he sure sounded night-and-day different than Biffle about acknowledging all the challenges ahead for the industry.

Net income was 12.6m.