Spirit Airlines Inc (fka SAVEQ)

[Benztrader]

Spirit Aviation Holdings, parent company of Spirit Airlines, announced its common stock has been approved for listing on the NYSE American stock exchange. Trading will commence on April 29, 2025, under the symbol FLYY.

According to President and CEO Dave Davis, this NYSE American listing represents a significant milestone in Spirit's ongoing transformation strategy, as the company focuses on achieving profitability and establishing long-term success.

[Benztrader]

04/24/2025 - 08:00 AM
DANIA BEACH, Fla., April 24, 2025 /PRNewswire/ -- Spirit Aviation Holdings, Inc., parent company of Spirit Airlines, LLC, (together, "Spirit") today announced that its common stock has been approved for listing on the NYSE American stock exchange. Trading is expected to begin on April 29, 2025, at market open under the symbol FLYY.

[fatsound]

Relisting sorry

[fatsound]

Whats everyone's thoughts on them resisting the shares. They did emerge out of bankruptcy. Thoughts please

[Renee]

SAVEQ: BK PLAN effective at 1:36 P.M. E.S.T. All shares cancelled. ***Some lucky bugger(s) sold 708,757 shares at ~.465 for ~$300,000 before the shares were cancelled. Some very unlucky buggers are out ~$300,000. Can people really be that stooooooooopid ????????????????????

https://otce.finra.org/otce/dailyList?viewType=Deletions

[jimr1717]

Idiot

[Charlye]

And personally...what do you think about spirit?...will they succeed?

[ImLexx]

The company is already OTC

[kebrik]

Those are T Trades. Those are typically broker trades that happened earlier in the day. 

[hondaboost]

Time ET Ex Price Change Volume
16:07:14 Q $0.30 0.09 , 157,825
16:00:40 Q $0.295 0.085 15,000

[hondaboost]

WOW! SAVEQ: 157,825 shares dumped at $0.30 A/H.

[makinezmoney]

Shoulda bought 200k shares at $0.22 this morning.
Already hit $0.80 intraday.

Dammmmmnitttttt

[hondaboost]

SAVEQ to be Cancelled! SAVEQ states: "As a result of the chapter 11 filing, Spirit expects to be delisted from the New York Stock Exchange in the near term. The Company expects that its common stock will continue to trade in the over-the-counter marketplace through the chapter 11 process. The shares are expected to be cancelled and have no value as part of Spirit's restructuring. "

[hondaboost]

SAVEQ, 120 Million cheap shares at $0.10's are dumping .

[hondaboost]

Be careful! Those who bought at $0.10's are pumping and dumping.

[hondaboost]

SAVEQ is just a small company, anyway.

[jimr1717]

What an idiot

[1plus1]

I believe this will break out to a $1.00 plus

[WebSlinger]

OTC Markets says that they have a market cap of about $21 million.

As of 30 Jun, they had $725 million in cash. They also have about $8+ BILLION worth in assets.

Seems a just a tad oversold to me.... LOL

[WebSlinger]

Court filings can be found here:

https://dm.epiq11.com/case/spiritgoforward/dockets

[Derekz]

Sound off - "buy" or "no buy" at $0.15?

[Derekz]

SAVEQ isn't Spirit AeroSystems. 

SAVEQ = Spirit Airlines 
SPR = Spirit AeroSystems Holding

Two completely different companies. 

[detearing]

Both American Airlines (AAMRQ) and Spirit AeroSystems (SAVEQ) have faced major challenges that led them to file for bankruptcy, but the process is not the end of the road. While American Airlines successfully emerged through restructuring and a merger, Spirit AeroSystems also has a chance at recovery if it can restructure effectively, reduce debt, and stabilize its operations in the aerospace industry. The key similarity lies in their ability to use Chapter 11 bankruptcy as a tool to restructure debt and operations, but the specifics of their recoveries depend on their industry conditions, management decisions, and strategic directions post-bankruptcy.

[resx18]

$SAVEQ ~ This stock is not eligible for proprietary broker-dealer quotations. Sent to the expert market #RIP

https://www.otcmarkets.com/stock/SAVEQ/overview

[hondaboost]

Company states: "As a result of the chapter 11 filing, Spirit expects to be delisted from the New York Stock Exchange in the near term. The Company expects that its common stock will continue to trade in the over-the-counter marketplace through the chapter 11 process. The shares?are expected to be cancelled and have no value as part of Spirit's restructuring. "

[1plus1]

NEXT PLAY COMING !!!!

[Lokotony]

Moved form .25 to .40......limit sell for 1.00 in case it rises

[Bountiful_Harvest]

NYSE delists Spirit Airlines $SAVE

Trading in the Company’s common stock will be suspended immediately.

https://www.businesswire.com/news/home/20241118676433/en/NYSE-to-Commence-Delisting-Proceedings-Against-Spirit-Airlines-Inc.-SAVE

https://www.fxstreet.com/news/spirit-airlines-files-for-bankruptcy-to-delist-from-nyse-202411190511

[Renee]

SAVE changed to SAVEQ, bankruptcy. Delisted from the NYSE to the OTC:

https://otce.finra.org/otce/dailyList?viewType=Additions

[UpTickMeA$AP]

Important to note they look like they already have a restructuring plan in place, that like most 11s, will wipe out current shares worthless. Having that in place already might hinder a dead cat. Although, it looks like short interests at about 34% looking to square, could alone pop it nicely if you can catch a nice entry on the drop.

Spirit stock shares will be canceled and have no value as part of the airline's restructuring, Spirit said in the release, following its delisting from the New York Stock Exchange "in the near term."

https://www.foxbusiness.com/markets/spirit-airlines-files-chapter-11-bankruptcy-protection

[UpTickMeA$AP]

This halted until it gets Q'd up on the OTCC? Is there any set date for trading to resume on the OTCC? Or estimate..?

This set up feels like a multi bagger about to happen on a drop n pop, when trading resumes, before it fades away into the abyss.

Vultures circling.

[Short_moneyC3]

There's always room for a dead cat bounce, too many shares short right now. It's gonna be a blood bath when it starts trading. 

[Lokotony]

Thank you, will the shares likely go up in the far future, if they indeed get back on their feet?

[Short_moneyC3]

It'll be delisted from NYSE and a new symbol will be given and it will continue to trade on OTCBB until the completion on the bankruptcy hearings which will take a while. 

[1plus1]

Did they change the symbol?

[Lokotony]

Don't know enough about the market to know if it's even legal: The shares are expected to be canceled and hold no value as part of the restructuring.
Like, no future at all.....just doneso.

[G-ManSoFla]

The Fat Lady is singing

[resx18]

Halted .. #BK $SAVE

[G-ManSoFla]

Giddy Up

[resx18]

They very well could go BK .. I find the pre BK plays are very good for a flip.

[looking 4 a win]

I thought they were going BK?

[resx18]

Back in at $1.20 $SAVE

[Rags2Riches]

OUUUUUUCH !😒

[ecmoney]

What happened???

A few little bullets never hurt anyone



Ec

[helpx]

More like 0.40

[Poundthetable]

Nice momo on SAVE whoever bought under 3

[glenn1919]

SAVE......................https://stockcharts.com/h-sc/ui?s=SAVE&p=W&b=5&g=0&id=p86431144783

[TrendTrade2016]

SAVE BREAKING TO 4 BUCKS ON THIS MOVE

[frans]

my broker let me not buy an pink

[dinogreeves]

I messaged about the other ticker in your inbox, that one has at bare minimum 8-10 cents, you don't get in, you will be kicking yourself.