SAVE stock

Reply Subscribe

Page 5 of 20

Last »

Thread Tools

Search this Thread

07-19-2021, 08:16 PM

#41

Aero1900

Gets Weekends Off

Joined APC: Nov 2012

Position: 1900D CA

Posts: 3,394

Frontier pilot here:

I bought a bunch of SAVE and UAL stock last spring/ summer.

The markers are always moving and always overreacting. If you own spirit stock, hold on to it. Be patient. It'll come back up. Personally, I'm holding very long term. Think about what Spirit could be in 10 or 15 years, and if you like what you imagine, don't sell

07-20-2021, 02:37 AM

#42

JulesWinfield

Gets Weekends Off

Joined APC: Jan 2018

Posts: 2,239

Delta variant concerns were priced in a while back by financial institutions. If you're speculating, you may not want to buy. If you're buying to hold, keep buying on the way down and up.

07-28-2021, 05:17 AM

#43

Halon1211

Gets Weekends Off

Joined APC: Oct 2017

Posts: 2,998

Who else is expecting Spirit to post a slight profit today?

07-28-2021, 06:38 AM

#44

CincoDeMayo

That/It/Thang

Joined APC: Aug 2020

Posts: 2,848

Quote:

Originally Posted by Halon1211

Who else is expecting Spirit to post a slight profit today?

Not a chance.

Best case is profitable for June and beats the estimate of 81 cents a share loss.

07-28-2021, 06:55 AM

#45

dualinput

Gets Weekends Off

Joined APC: Jul 2021

Posts: 1,035

Quote:

Originally Posted by CincoDeMayo

Not a chance.

Best case is profitable for June and beats the estimate of 81 cents a share loss.

Isn’t the ULCC model supposed to be the best in a downturn? At least that’s what I keep hearing from the same guys that tell me CAs are making $300k

Last edited by dualinput; 07-28-2021 at 07:24 AM.

07-28-2021, 07:32 AM

#46

sioux8ships

Gets Weekends Off

Joined APC: Dec 2018

Posts: 450

Quote:

Originally Posted by dualinput

Isn’t the ULCC model supposed to be the best in a downturn? At least that’s what I keep hearing from the same guys that tell me CAs are making $300k

Comparing the Covid-19 pandemic to an economic downturn/recession is like apples to oranges.

07-28-2021, 07:33 AM

#47

Tranquility

Gets Weekends Off

Joined APC: Sep 2014

Position: Da Bus, Left

Posts: 1,510

Quote:

Originally Posted by CincoDeMayo

Not a chance.

Best case is profitable for June and beats the estimate of 81 cents a share loss.

I’m hoping we’ll show a positive ebitda margin (minus PSP). That’s what their last investor update said at least. And, technically all airlines have shown profits for Q2 thanks to the PSP….

Last edited by Tranquility; 07-28-2021 at 07:36 AM. Reason: Department of Redundancy Dept.

07-28-2021, 07:36 AM

#48

RemoveB4Flight

Gets Weekends Off

Joined APC: Jun 2016

Posts: 443

Quote:

Originally Posted by dualinput

Isn’t the ULCC model supposed to be the best in a downturn? At least that’s what I keep hearing from the same guys that tell me CAs are making $300k

It could be both. ULCC models could lose money along with everyone else in a downturn, just not as much. They could be the first to return to profitablity and be the ones with the biggest growth on the other side.
Remains to be seen.