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-   -   Okay guys, what’s the plan? (https://www.airlinepilotforums.com/spirit/146596-okay-guys-whatis-plan.html)

Halon1211 03-08-2024 05:11 PM

Okay guys, what’s the plan?
 

Analyst keeps saying we are heading towards bankruptcy and bond holders are already plotting how they going to take our assets. TC says we are fine and even testified under oath that we are NOT a “failing firm”. This is a nail bitter…I’m on the edge of my seat to see the rabbit that Spirit is about to pull out of their hat. It seems like we are up a creek without a paddle yet all is well. What magic trick is Spirit about to perform. And how does Spirit go from here?



https://finance.yahoo.com/news/why-s...152035207.html

“No merger and a perilous balance sheet“

checkgear 03-08-2024 05:17 PM

Still waiting on a class date?

Halon1211 03-08-2024 05:40 PM


Originally Posted by checkgear (Post 3779308)
Still waiting on a class date?

still waiting to hear back.

at the rate this is going, I’ll be on the streets waiting for a class date.

Wk067781 03-08-2024 06:23 PM

get bondholders their money, you get nothing

putzin 03-08-2024 06:28 PM


Originally Posted by Halon1211 (Post 3779305)

Analyst keeps saying we are heading towards bankruptcy and bond holders are already plotting how they going to take our assets. TC says we are fine and even testified under oath that we are NOT a “failing firm”. This is a nail bitter…I’m on the edge of my seat to see the rabbit that Spirit is about to pull out of their hat. It seems like we are up a creek without a paddle yet all is well. What magic trick is Spirit about to perform. And how does Spirit go from here?



https://finance.yahoo.com/news/why-s...152035207.html

“No merger and a perilous balance sheet“

Homedepot or Lowes? 😜

Wk067781 03-08-2024 06:54 PM

Wendy's dumpster

Irishblackbird 03-08-2024 07:01 PM


Originally Posted by putzin (Post 3779335)
Threre isn't enough for them either, hence why they're all worried. It keeps moving along in hopes Teddy can dig it out is about their only choice. The airline hasn't been run for 2 years and were along for the ride. People need to stop worrying.

Well Ted and Co did a superficial stock purchase yesterday. Problem is that was their "tell". It was such a miniscule purchase that none of them would be hurt if we liquidate. It's a nervous bluff in my book, not any real confidence in the "supposed" plan. Or they would have been all in.

Sorry for the lousy metaphor.

Tranquility 03-08-2024 07:02 PM

Buy more bitcoin, smoke more dope, bang more hookers. That's my plan. (Not necessarily in that order....)

Wait, was it bang more bitcoin, smoke more hookers, and buy more dope? 🤔

Halon1211 03-08-2024 07:11 PM


Originally Posted by Tranquility (Post 3779348)
Buy more bitcoin, smoke more dope, bang more hookers. That's my plan. (Not necessarily in that order....)

Wait, was it bang more bitcoin, smoke more hookers, and buy more dope? 🤔

Wife, SEC, and FAA entered the chat.

and they all want in on the action.

putzin 03-08-2024 07:43 PM


Originally Posted by Irishblackbird (Post 3779347)
Well Ted and Co did a superficial stock purchase yesterday. Problem is that was their "tell". It was such a miniscule purchase that none of them would be hurt if we liquidate. It's a nervous bluff in my book, not any real confidence in the "supposed" plan. Or they would have been all in.

Sorry for the lousy metaphor.

Bought more or issued more? I ask because last time eveyone talked about how they sold stock and the conspiracy that went with the supposed sale. Honestly your theory is ridiculous.

There is no way to plan for doors shutting, you'll never know the timeline. You'll show up one day and there will be a chain on the door. That's how it works.


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