Jet blue wants us now
06-09-2022, 06:36 PM
#1141
Gets Weekends Off
Joined APC: Aug 2007
Posts: 1,016
Originally Posted by afterburn81
Hey I’d think the same thing. However, the avid poker player in me knows an over bet when I see one. Remember, this is cash they don’t have. From what I understand. Something doesn’t smell right.
06-10-2022, 02:04 AM
#1142
Gets Weekends Off
Joined APC: Feb 2011
Posts: 172
Originally Posted by afterburn81
Hey I’d think the same thing. However, the avid poker player in me knows an over bet when I see one. Remember, this is cash they don’t have. From what I understand. Something doesn’t smell right.
06-10-2022, 05:08 AM
#1143
Line Holder
Joined APC: Nov 2009
Posts: 50
Spirit Airlines is a top trading idea at JPMorgan because a merger looks like a go
07:15 AM | Spirit Airlines, Inc. (SAVE) | By: SA Editor Clark Schultz, SA News Editor
JPMorgan upgraded Spirit Airlines (NYSE:SAVE) to an Overweight rating from Neutraland named it a Tactical Trade Idea.
Analyst Jamie Baker and team believe some merger involving Spirit is a high probability outcome. They also think a merger outcome between Spirit and JetBlue Airways (JBLU) is a growing probability and may overtake the likelihood of a Frontier Group (ULCC) deal.
"Most importantly, Spirit shares are trading in line with the proposed Frontier offer, and – owing to the break fee – slightly below what Spirit shareholders would receive if the DOJ were to block the transaction today, holding current share prices constant. In our mind, this largely insulates Spirit shares from any material downside owing to fundamentals, at least in the near term."
The recommendation to investors if for Spirit shares (SAVE) to be held at least until the revised June 30 shareholder vote. By setting an 80% probability of achieving a $31.50 (JetBlue offer) outcome and 20% to current levels, JPMorgan derives a price target on SAVE of $30.
Shares of SAVE rose 2.87% premarket to $22.93.
https://seekingalpha.com/news/384760...ooks-like-a-go
07:15 AM | Spirit Airlines, Inc. (SAVE) | By: SA Editor Clark Schultz, SA News Editor
JPMorgan upgraded Spirit Airlines (NYSE:SAVE) to an Overweight rating from Neutraland named it a Tactical Trade Idea.
Analyst Jamie Baker and team believe some merger involving Spirit is a high probability outcome. They also think a merger outcome between Spirit and JetBlue Airways (JBLU) is a growing probability and may overtake the likelihood of a Frontier Group (ULCC) deal.
"Most importantly, Spirit shares are trading in line with the proposed Frontier offer, and – owing to the break fee – slightly below what Spirit shareholders would receive if the DOJ were to block the transaction today, holding current share prices constant. In our mind, this largely insulates Spirit shares from any material downside owing to fundamentals, at least in the near term."
The recommendation to investors if for Spirit shares (SAVE) to be held at least until the revised June 30 shareholder vote. By setting an 80% probability of achieving a $31.50 (JetBlue offer) outcome and 20% to current levels, JPMorgan derives a price target on SAVE of $30.
Shares of SAVE rose 2.87% premarket to $22.93.
https://seekingalpha.com/news/384760...ooks-like-a-go
06-10-2022, 06:48 AM
#1144
Gets Weekends Off
Joined APC: Nov 2019
Posts: 111
Originally Posted by FA24
Spirit Airlines is a top trading idea at JPMorgan because a merger looks like a go
07:15 AM | Spirit Airlines, Inc. (SAVE) | By: SA Editor Clark Schultz, SA News Editor
JPMorgan upgraded Spirit Airlines (NYSE:SAVE) to an Overweight rating from Neutraland named it a Tactical Trade Idea.
Analyst Jamie Baker and team believe some merger involving Spirit is a high probability outcome. They also think a merger outcome between Spirit and JetBlue Airways (JBLU) is a growing probability and may overtake the likelihood of a Frontier Group (ULCC) deal.
"Most importantly, Spirit shares are trading in line with the proposed Frontier offer, and – owing to the break fee – slightly below what Spirit shareholders would receive if the DOJ were to block the transaction today, holding current share prices constant. In our mind, this largely insulates Spirit shares from any material downside owing to fundamentals, at least in the near term."
The recommendation to investors if for Spirit shares (SAVE) to be held at least until the revised June 30 shareholder vote. By setting an 80% probability of achieving a $31.50 (JetBlue offer) outcome and 20% to current levels, JPMorgan derives a price target on SAVE of $30.
Shares of SAVE rose 2.87% premarket to $22.93.
https://seekingalpha.com/news/384760...ooks-like-a-go
07:15 AM | Spirit Airlines, Inc. (SAVE) | By: SA Editor Clark Schultz, SA News Editor
JPMorgan upgraded Spirit Airlines (NYSE:SAVE) to an Overweight rating from Neutraland named it a Tactical Trade Idea.
Analyst Jamie Baker and team believe some merger involving Spirit is a high probability outcome. They also think a merger outcome between Spirit and JetBlue Airways (JBLU) is a growing probability and may overtake the likelihood of a Frontier Group (ULCC) deal.
"Most importantly, Spirit shares are trading in line with the proposed Frontier offer, and – owing to the break fee – slightly below what Spirit shareholders would receive if the DOJ were to block the transaction today, holding current share prices constant. In our mind, this largely insulates Spirit shares from any material downside owing to fundamentals, at least in the near term."
The recommendation to investors if for Spirit shares (SAVE) to be held at least until the revised June 30 shareholder vote. By setting an 80% probability of achieving a $31.50 (JetBlue offer) outcome and 20% to current levels, JPMorgan derives a price target on SAVE of $30.
Shares of SAVE rose 2.87% premarket to $22.93.
https://seekingalpha.com/news/384760...ooks-like-a-go
So… JetBlue?
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06-10-2022, 08:24 AM
#1145
Super Moderator
Joined APC: Jun 2006
Posts: 3,945
Originally Posted by W6TRP
So… JetBlue?
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06-10-2022, 08:38 AM
#1146
Gets Weekends Off
Joined APC: Dec 2020
Posts: 191
Originally Posted by usmc-sgt
Or frontier.
06-10-2022, 10:01 AM
#1147
Gets Weekends Off
Joined APC: May 2010
Posts: 429
Originally Posted by FlyGuy2002
yea. But nobody has seen it . Forget which airline and one particular pay rate.. it was more about a scenario that would be an interesting play… Leaving JetBlue with very highly paid pilots to pay for ..
Certainly won’t happen.. but it would be an interesting play..
Certainly won’t happen.. but it would be an interesting play..
only play Ted has. Drive up labor so high with the hopes B6 backs down. Screws Franke too though.
06-10-2022, 10:15 AM
#1148
Almost there
Joined APC: Apr 2021
Posts: 1,093
Originally Posted by IWalkJun12
only play Ted has. Drive up labor so high with the hopes B6 backs down. Screws Franke too though.
I’m aware Frankie said he’s not willing to bid more. Now we just have to wait and see if that’s true.
06-10-2022, 10:23 AM
#1149
Gets Weekends Off
Joined APC: Jan 2018
Posts: 2,240
Originally Posted by IWalkJun12
only play Ted has. Drive up labor so high with the hopes B6 backs down. Screws Franke too though.
06-10-2022, 10:23 AM
#1150
Gets Weekends Off
Joined APC: Aug 2019
Posts: 1,188
Originally Posted by Stayontarget
I’m guessing the delay was pretty much just to give Frontier/Frankie more time to put up or shut up. The JetBlue offer is just too big to use the DOJ excuse now.
I’m aware Frankie said he’s not willing to bid more. Now we just have to wait and see if that’s true.
I’m aware Frankie said he’s not willing to bid more. Now we just have to wait and see if that’s true.
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