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WITH CURRENT MANAGEMENT YES.. SADLY
Not sure what’s happening here, I haven’t looked at this since covid. Are they going BK?
I think we have a opportunity of lifetime.
I’m going for the call options and also I’ll be writing spreads to collect premiums.
As of this point, making the initial investment back of buying shares can easily be quantified through selling contracts.
Good luck to you as well.
Giggity!
BEEN SCARED A FEW TIMES IN MY CAREER TRADING... I,M NO WARREN BUFFET BUT HAD SOME LUCK.. HOPE MGMT IS TELLING THE TRUTH BUT LIKE I SAID ...ITS UNLIKELY THEY ARE.. GOT 28K SHARES AVG AROUND 3.00 SO NOT BANK BREAKING WILL ADD 100k +++ IF WE GO BELOW 2.00 THOUGH... WAITING GLTU MY FRIEND
“Scared money don’t make money…”
I like that.
Peteypickem would always say that also
I HAVE BUYS WAITING AROUND 2.00 NONE FILLED YET OBV.. MY LOWEST BUY IS 2.75 ISH JUST BUYING A CHUNK IN EACH DROP ZONE.. HOPE TO MAKE THIS MY 3RD MILLION$$ GAINER... TIME WILL TELL..
LAST ONE ...I WAS SCANNING IT AND SAW THIS PART.. UNLESS MGMT IS LYING TO US WE SHOULD COME OUT OF THIS INTACT... BUT WEALL KNOW MGMT ARE ALMOST ALWAYS LYING..SO WHO KNOWS.. SCARED MONEY DON;T MAKE MONEY
Which one….im curious how you bought $2.00
I’m out of everything until this calms down
Where did this news show up
The Company has assessed the impact of the current pricing environment and its planned policy changes on its liquidity requirements over the next 12 months and has concluded that it is probable the Company will have sufficient liquidity to meet its future cash needs with cash and cash equivalents,
GOT MY BUYS AT 2.00 AREA...WAITING TO LOAD 100K OR MORE SHARES THERE..
Set your limit orders
I have a feeling they will either get bought or get a cash infusion
Grabbed some starter shares that I hope I don't get a chance to add lower, but I will if the opportunity presents itself I'll do it.
Are you that bored?????
LMAO
Posted on 1/25
SAVE Feet down at 3.10 ????
Had a limit buy for 3.95 yesterday......It hit when I wasn't looking....Hopefully this grows to the green!
For 2024 Wallet Hub rankings of airlines:
#3 Spirit Airlines. Ranked in the top three airlines in the US; and it was close; nearly a tie with the 2nd place winner this year.
Safest Airline to Fly:
#1 was Spirit Airlines. Spirit Airlines won the category for safest airline to fly on in the United States.
Most Affordable Airline Ranking:
#1 Spirit Airlines. Spirit took 1st place in another category; as the most affordable airline to fly in the United States.
Spirit is clearly in a much stronger financial position today; as well as, a much stronger market position with their all Airbus fleet and their recently announced updated routes. The newly announced routes are clearly much more profitable routes for Spirit and with the recently announced cost cutting measures; the cost cutting measures were more than significant; massive cost cutting measures over the next few months have been programmed into their operation. I think the stock could easily triple; up over 300% to over $15 per share in the near term. Of course, potential investors could take it even higher. It looks like lots of good things are coming for those investors who own SAVE stock right now. A company that's known for doing the right thing when it comes to it's aircraft, flight crews and passengers. That's why the flying public trusts Spirit Airlines.
Their's plenty of air travel demand around for all of the airlines to be profitable; but, we won't know for sure what will be the future for the airlines flying Boeing jets, including the Max; the big question; will their ticket sales drop off? The press releases seem to indicate that to be the future trend for them. And now with Senate Congressional hearings on top of the FAA; it's really a wildcard for them. It had to really shake them up when the FAA did an immediate, but, temporary grounding of all Alaska Airlines Boeing Max jets the other day. Could the FAA de-certify the Boeing Max and permanently ground that aircraft? Looks like a real possibility. That plane should have never been certified by the FAA in the first place.
Some Spirit same-day round trip non-stop flights with their Spirit Saver member program were even less than that.
Same day, early morning flight non-stop to a city to conduct business, go shopping, or visit a friend, and back late afternoon on the same day with your laptop or approved bag - is approximately $77 to $80. Ft. Lauderdale to Charlotte non-stop same day, getting you back around 7pm in the evening only $77 on one flight I checked. That's the round-trip price.
Working on something for the members Congress to look at regarding stocks in general. It will be asking them to make it a law, a requirement, for anyone through any media outlet that identify themselves as stock Analysts etc. who put price targets or price projections on stocks and in general any posting of any financial press release; that they have to post a picture copy of their professional license and an address where they can be served; if legally necessary. I believe the stock exchange would welcome this. Should they not be licensed then their financial reporting would be restricted to not publish any price targets and they would be required to issue a public warning, in each posting, in bold caps large typefont that they are not a licensed analyst. They would also, whether licensed or not licensed, to disclose any holdings directly or indirectly that may benefit them financially regarding the press release. All this similar to the requirements with insurance licensing requirements or even a hairstylist at a salon.
Working on something for the members Congress to look at regarding stocks in general. It will be asking them to make it a law, a requirement, for anyone through any media outlet that identify themselves as stock Analysts etc. who put price targets or price projections on stocks and in general any posting of any financial press release; that they have to post a picture copy of their professional license and an address where they can be served; if legally necessary. I believe the stock exchange would welcome this. Should they not be licensed then their financial reporting would be restricted to not publish any price targets and they would be required to issue a public warning, in each posting, in bold caps large typefont that they are not a licensed analyst. They would also, whether licensed or not licensed, to disclose any holdings directly or indirectly that may benefit them financially regarding the press release. All this similar to the requirements with insurance licensing requirements or even a hairstylist at a salon.
Also, the leather seating on Spirit Airlines vs the cloth seating on other airlines; the leather seating is extremely clean and wearing a suit is much more comfortable than cloth. It's like the leather in my Mercedes. Just a much more comfortable flight with leather seating. People are typically "dressed " on private jets - all private jets feature leather seating just like Spirit Airlines.
Spirit Airlines pricing allows a small, medium or large business or government agency or private individual or family; pricing structured so that; instead of using Zoom; you can afford to Uber down to the airport; walk on the jet; fly down and attend your meeting; then fly back home. Where before; you would never consider doing it; because of the high cost to do that on one of the carriers Delta, United, American etc.; Spirit's pricing is low enough to add that into the mix for your most important business engagements.
Just got on Priceline and checked out a round-trip ticket from San Diego to Baltimore/Washington. Spirit was the cheapest. All the other airlines were nearly twice as much and some more than twice as much and if you're not flying Spirit your stuck on a Boeing Max. The Boeing Max, two already having crashed killing the flight crews and all the passengers. Catching the ride on Spirit is all Airbus because that's all they fly. All of the airlines offer 1 stop service; but, Spirit; recently updated it's upcoming flight schedule to also offer non-stop service between San Diego and Baltimore. Another smart move on Spirit's part. They will be the most comfortable, cheapest flight on an almost new Airbus fleet with non-stop to Baltimore. That's what I'm talking about!
If you look at the whole picture, as of today, Spirit, could turn into a real cash cow.
If you look at the whole picture, as of today, Spirit, could turn into a real cash cow.
Spirit currently loaded up with $300 million in Securities currently valued at only $300 million. Without even purchasing any additional shares; if the securities are their own stock; should SAVE stock, should it even double to around $8 it would be another $300 million of additional liquid cash on hand for them.
Spirit currently loaded up with $300 million in Securities currently valued at only $300 million. Without even purchasing any additional shares; if the securities are their own stock; should SAVE stock, should it even double to around $8 it would be another $300 million of additional liquid cash on hand for them.
The flying public trusts Spirit and for good reason.
Quoting from Spirit's website:
"We have been recognized by Forbes as one of America's Best Employers for Diversity 2022 for our active efforts to create and celebrate a diverse workplace environment. We also won "Best Airport Innovation" in the 2021 APEX/IFSA Awards for our groundbreaking Self-Bag Drop system with biometric photo matching, which speeds up the check-in process. For the fourth consecutive year, we received the FAA's "Aviation Maintenance Technician Diamond Award of Excellence"."
Spirit airlines ranked second best airline in U.S. says WalletHub survey April 26, 2023.
Delta #1
Spirit #2
Correction. The searches on the internet for the major carriers debt and cash on hand, the numbers, don't match with the companies annual reports. Refer directly to the companies annual or quarterly reports. I saw this when I searched to see how much value, the worth, major carriers put on their aircraft fleets.
As Spirit pays off debt... they also get rid of the interest payments on it and those bucks will go to the bottom line i.e. profitability.
As Spirit pays off debt... they also get rid of the interest payments on it and those bucks will go to the bottom line i.e. profitability.
If they start buying their own stock... and at the same time become a debt free airline; which that, debt free, is what looks like is happening; their really is no telling how high this stock could go. At one point in the distant past they traded over $80 per share.
If Spirit was asked to pay off that 2025 debt due next year; if they were asked to pay it now... today. They have the cash on hand to pay it off this afternoon.
Spirit Airlines clearly has the cash on hand to completely pay off their upcoming debt in 2025. The 2025 debt thing is really a non-issue for the airline anymore. Other than that thry really don't owe much. With recent route changes and with their all Airbus fleet this airline could become debt free and building free Cash on Hand every month.
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