Not trying to flame, but any of you guys worried about the stock going down so much recently?

It just seems it has been going down steadily

 

Going down?

Time to buy more!!! If that's what you're looking to buy.

 

Congrats!

Im treading the first 6 months, lol. I was getting used to having free time again with my 3.5 year old, lol

 

No I am not worried. I go to work and do my job to the best of my ability. The people who get stock options, bonuses, and golden parachutes can worry about the stock price.

Nobody has been held accountable for the summer meltdown. Nobody has taken a step back and said "maybe we need to care about our employees more than some electronic high five". Nobody has pushed back against the outsourcing of the competent gate agents and replacement with the sometimes not so competent. If I was an investor these things (along with low fuel prices and increased competition) would bother me and I would probably sell.

For a company as profitable as this, I cannot understand why we do not have a TA, why my pay is always shorted, and why the airplanes are still dirty after years of promises. Spirit has lots of very good people. The company is blowing its chance to have a good company culture, most are new...this is the time.

I love it here, but it is getting very old and I am not sure that mgmt is in this for the long haul anymore. I hope that I am proven wrong.

 

Stock prices go up and down. Once fuel prices go up and the legacy carriers start to hurt, then Spirit's stock price will once again surge.

Good time to buy stock since the prices will eventually go back up to the $80 range. The other stocks that I own have all had an equal price decrease, yet they too are making serious profits. For years the analyst's on TV have been saying that the market was overdue for a price correction and now they say the correction has taken place.

Long story short, this is the normal market trend in a cyclical market. It goes up then it goes down and then back up and back down......Well you get the idea.

Buy low sell high!

 

Reminds me of when the Ebola breakout was gripping America and it was discovered that one of the infected nurses had flown Frontier to CLE (or somewhere in the MW) while infected.
I remember Frontier putting out a press release saying...." don't worry, the plane was cleaned during a turn in CLE"....., and I remember thinking.... uh-huh I'm sure that's real "virus clean".

 

Is much important for remember not make greeting with LEFT hand!

MaroonBaboon once make unfortunate mistake. Cause much itch.

Fortunate for not bleed from orifice.

 

I'm on a thirty year plan so no I'm not worried about the stock price right now. Being short term quarterly minded is an epidemic that plagues this country. It's a big reason why there are so few middle class jobs anymore. You pretty much have to be a "manager" of someone or a group to make over $40k these days. Slashing and burning makes the price go up at many companies and that CEO will have been long gone by the time those changes show in the long run. Long term investments never help stock price. We do both though at the same time. We slash and burn labor while buying planes and hangers.

 

"Hangars", not "Hangers"

 

I actually kind of like lutefisk (even though there is not a drop of Scandahooligan in me). Used to have it at the now (very regrettably defunct) Pierson's Restaurant in Edina, MN.