Originally Posted by CincoDeMayo

Cohen has some good "info" on the general setting of the trial to this point.

But remember, his company is in the business of giving his clients first hand information. Or as it says on their website, "provide clients with actionable investment ideas that tend to be non-correlated with the market. MDC has been providing its subscription “Event‐Driven Legal℠” investment‐research. He gets paid to report. So based on this, no shocker he gives a soft 50/50 on which way this goes or when he basicsally "pushed" when asked "who is winning right now." He isnt going to give his paid opinion, for free on a podcast, when clients pay him directly for analysis.

Originally Posted by Halon1211

does anybody have the latest on what’s going on with the trial?

and about ruling number #167.

or the latest link from that one reporter that’s been giving live tweets? thanks.

Originally Posted by CincoDeMayo

Yes I do, all that.

Originally Posted by Halon1211

does anybody have the latest on what’s going on with the trial?

and about ruling number #167.

or the latest link from that one reporter that’s been giving live tweets? thanks.

Originally Posted by Andy

Only one witness today; Nicholas Hill a PhD economist. Here's a webpage on him: https://www.bateswhite.com/people-Nicholas-Hill.html

Talked a lot of economic details that covered economics/modeling and market impacts. I was able to follow it but I won't go too deep on details.
The Judge asked several questions for his personal clarification.

Dr Hill testified that Jetblue has a higher impact on lowering fares than Spirit. Also testified that Jetblue entering markets increases passenger traffic more than Spirit entering markets.

Most of Dr Hill's testimony refuted a DOJ expert's testimony ... Dr Gowrishankaran. https://econ.columbia.edu/econpeople/gautam-gowrisankaran/

Dr Gowrishankaran testified last Monday or Tuesday; I was unable to attend but reports indicate that he didn't do well as an expert witness.

I was very impressed with Dr Hill. He shredded Dr G's (I'm not spelling that again) testimony and report.

Cross examination by DOJ of Dr Hill: I felt Dr Hill did fine in cross; no blows landed by DOJ. I sat next to a guy who does analysis for investors. Here's a clip on him talking about the merger a while ago: https://www.youtube.com/watch?v=BFN_iXHdF78
Mr Cohen used to be on the fence about the merger; he now leans toward it passing. He's now in the camp that Jetblue is winning the case. Here's his company's website: https://mdcfinancial.com/?gclid=EAIaIQobChMI2LiX9-vkggMVi1BHAR2sLAdPEAAYASAAEgIgU_D_BwE

The schedule is now changing. Court sessions on Tues, Thurs and next Tues will be closing arguments.
This Fri and next Mon were cancelled. ... as of right now.
I expect a ruling around the 11th in favor of the merger.

Originally Posted by 8JRMfortheyear

Teddy got a new job.

Originally Posted by Andy

Being on a BOD pays VERY well, especially for a gig that doesn't require more than a handful of days a year.
https://www.marketscreener.com/quote...tors-45442673/

That, and his ~165K shares of SAVE should hold him over until he finds another full time gig.

Originally Posted by Andy

Being on a BOD pays VERY well, especially for a gig that doesn't require more than a handful of days a year.
https://www.marketscreener.com/quote...tors-45442673/

That, and his ~165K shares of SAVE should hold him over until he finds another full time gig.

Originally Posted by CincoDeMayo

Seems Ted and the team must feel good about the merger too, if he is announcing the position at this point. Because it sure would not play well if the merger were to fail and the CEO who would be tasked with navigating through a potential and probable Ch11 process, is sitting on the board of another company.