Catching falling knives is always risky.

Good article for bull case on citigroup. https://imonkey-files.s3-us-west-1.amazonaws.com/Patient%20Capital%20Management.pdf

Pigs get fed, hogs get slaughtered.

If it is not rescheduled again, the trial will start 1 week from tomorrow.

Deutsche Bank analyst Scott Deuschle upgrades Spirit AeroSystems Hldgs (NYSE:SPR) from Hold to Buy and raises the price target from $16 to $30.

It is down because of poor forward guidance by UAL on their conference call this morning. All airlines have dropped. UAL is down over 8%, AAL almost 5%, JBLU and DAL around 4%. Oil is back to $90/barrel. You won't see an upside catalyst to JBLU until the trial which was pushed back to 10/30/2023. If the earnings call next week is particularly good in forward guidance you might also get a pop.

I bought more at $4.33 this morning.

Spirit AeroSystems, Boeing Reach Agreement to Support Production Stability

WICHITA, Kan., Oct. 18, 2023 /PRNewswire/ -- Spirit AeroSystems, Holdings Inc. [NYSE: SPR] announced today that its subsidiary, Spirit AeroSystems Inc., entered into a Memorandum of Agreement (MoA) with The Boeing Company. The agreement enables greater collaboration to achieve improved quality and higher deliveries in the future. "Boeing and Spirit will continue to work shoulder to shoulder to mitigate today's operational challenges," said Spirit AeroSystems.

Spirit AeroSystems logo. (PRNewsFoto/Spirit AeroSystems, Inc.) (PRNewsfoto/Spirit AeroSystems)

President and CEO Patrick M. Shanahan said: "Our collective teams will focus on further generating supply chain performance and resiliency. This united effort to synchronize our production systems will enable greater market responsiveness and delivery assurance."

The agreement strengthens the strategic relationship between Spirit and Boeing for the long-term to fulfill operational commitments and airline expectations.

On the web: www.spiritaero.com

If only they would bring that renowned customer service to their boost wireless property. The internet has lots of complaints about the "worst" customer service experience amongst wireless carriers.

JetBlue antitrust trial starts in 11 days. I would assume the stock would start moving up towards the end of next week in anticipation of the uncertainty being resolved one way or the other. I think winning the trial would be better longer term, but any outcome will help the stock in the short run.

Global Finance announces World's Best Banks 2023: Global Winners.
https://www.gfmag.com/magazine/october-2023/worlds-best-banks-2023-global-winners

Citi takes top spot for transaction bank and cash management bank.

According to JetBlue's most recent quarterly earnings report (for the quarter ended June 30, 2023), the company has $1.82 billion in cash and cash equivalents and 333.25 million shares outstanding. This means that JetBlue has $5.45 per share in cash and cash equivalents.

JetBlue's company guidance for full-year 2023 earnings is for adjusted earnings per share (EPS) of $0.05 to $0.40.

He posted the same message two days in a row. It is just wishful thinking. I don't think you will see a meaningful upside move until at least the second week in October. As the 10/16 trial date approaches, you may get interest from hedge funds willing to bet on the outcome. As I have said in a previous post, JetBlue wins regardless of outcome. If the lose, they don't have to spend $3.8 billion for an asset that is not worth $1.5 billion today and if they win, they become the undisputed 5th largest carrier with 500 aircraft and a deep order book. They will have seriously overpaid, but it will vault them into the big leagues going forward.

It is the uncertainty that is weighing on the stock. That and jet fuel prices.

The removal of jetblue from the S&P 400 midcap index on 9/18 may have led to some near term selling pressure. JBLU was added to the small cap S&P 600 but there is substantially less interest in that index by ETFs/Mutual Funds that net net there was selling pressure on the stock.

Intel's news from yesterdays event will put a cap on AMD in the near term. They made it sound like they have leap froged everyone else with their new design. This is the nature of the business, and it was Intel's turn. With that said, AMD has an AI chip (MI300) that will be competitive with Nvdia's (H100) current generation processor.

I think the stock will start moving in October prior to the quarterly call where they will discuss the progress/sales of their AI chip.

Why are they selling at such a discount to net cash? You would think some Gordon Gecko type would buy them, shut them down and liquidate the assets to make a killing.

Today's company presentation ended up being quite a disappointment and the reason for the almost 4% decline in price. They touted the new chip (available in December), but did not give any update on the foundry business or standalone AI chip development. I expect the stock will decline in the near term.

With the new iPhone 15s supporting Open RAN networks, will this be the turning point for Dish's wireless business. They have announced a $60/month offering including a free iPhone Pro, which is very competitive to the other 3 carriers. Having the new iPhone use the Dish network rather than pay roaming charges will be quite a boost to Dish's profitability. Approximately 1 in 2 mobile users have iPhones, so the target market is huge.

JBLU is stuck in a bearish trend until the antitrust trial next month. Too much uncertainty for people to go long. However, resolution of the trial will be bullish for the stock regardless of outcome. If they lose, the market will cheer the fact that they are not overpaying by almost $2 billion for Spirit. Spirit stock will likely crater to half its current value (less than $10/share). If they win, the market will cheer because they just became the lowest cost bulge bracket airline with almost 500 aircraft and a deep order book and in the process they eliminated a lower cost rival. The only airline of any real size that will have a lower cost structure will be frontier (and allegiant but they are really too small to consider). Frontier's and Jetblue's route structure doesn't really overlap. Frontier may well be a future acquisition of Jetblue.

They are a cheap lottery ticket, currently trading $1.02. March 2026 is a long way off, but so is the $11.50 strike price. Though I guess, you just need a uptick to increase the extrinsic value and can then trade out for a profit.

Good luck, I might join you but want to wait a bit for the stock to settle and the implied volatility to go down.

I did the same. Bought my core position into a Roth and can wait as long as it takes.

mmoy does that mean you can't run a multiple monitor setup under x64 using a nVidia graphics card?

Kate, thanks for the interest. I covered last August 9th, with a nice profit. However it is probably time to look at shorting this stock again -- techs usually decline the first 8 months of the year.

It is obvious to anyone who knows anything at all about the law. His statement was as absurd as claiming he is a meteorologist and as such, proclaiming with absolute certainty that THE SKY IS PINK.

Oh what you're laughing rather than spending your time proving the sky is not pink. For shame.

Time for the tin foil hats to rally together?

I have expressed law related opinions here for 8 years and I HAVE NOT BEEN WRONG YET.

Perhaps you should grab your Rules of Civil Procedure and read up.

ROFLMAO

Eh Cliffy?

http://investorshub.com/boards/read_msg.asp?message_id=12581829

Getting paid for one lawsuit is nice, but the cost is giving up all chance of doing any future business at all with Intel. This is only worth it if you think your going to win (Halo effect and all that). If you don't think your going to win, this is a stupid bet and not one a firm concerned about its reputation would take.

P.S. LaFountain thinks there is a 75% chance of an AMD victory.

Tenchu, you should do some research to educate yourself on the difference between "shakedown" lawyers who work on contingencies and Wall Street firms who charge $1000/hr.

The big firms don't risk their reputations for baseless lawsuits and they don't make enemies of big companies just for kicks. The majority of work these firms do is not lawsuits -- its contracts, securities, corporate and tax.

You weren't debating with anyone, you simply created a post with the sole purpose of saying the rules don't apply to you.

You should be banned.

I don't think he should moderate you, I think he should ban you. It is a worthless post that has no purpose other than to deliberately flaunt the rules.

The "statements" would be by depositions. FILED WITH THE COURT and open for review by the press.

Talk about incompetent. Where did you get your law degree from? ROFLMAO.

Don't you just hate people who pretend to know a lot, but don't.

Eh Cliffy?

Same situation arose in the MS trial. No one would say anything bad about MS before reaching the witness stand (even mighty IBM was afraid), but once on the stand the truth was revealed.

Well since it would only be the respondents and the lawyers who would know, who do you think is going to leak it? Intel's lawyers?

China, ... India and South America.

More supposition on your part? You point to the developing world as the bastion of P4 "brand equity". The same developing world where purchasing decisions are much more sensitive to operating costs (and upfront costs) then they would be in developed nations.

Keep trying and how about that link?

Intel's brand equity is well known.

This is a very different statement than

P4 has a huge amount of brand equity, especially in other countries where AMD hasn't penetrated.

It is nice that you want to change what you are saying, but I ask again with regards to your first statement, did you make it up, is it wishful thinking or do you have a link?

Netburst is a power sucking, heat generating, performance lacking CPU architecture and the world has long known it.

In which countries do you think that P4 has built substantial brand equity (not based on recent price discounting)?

P4 has a huge amount of brand equity, especially in other countries where AMD hasn't penetrated.

Is this something you made up, wishful thinking or do you have a link?

He will be legally prohibited from doing so for a period of time that allows the stock to fully digest the news.

Mas, this is quite an achievement and has reached the point of being self sustaining. OEM's no longer have to explain to customers why AMD is as "good" as Intel. Customers view AMD as better and are demanding AMD product.

I am seriously considering buying AMD, but the summer swoon is still on us. I will be buying post labor day. That is also when I plan to cover my Intel short.

Talk about limbs, I guess you didn't get the memo on xscale.

Both the communications processor and applications processor businesses, which are being shopped as a single group, are losing money.

http://www.mercurynews.com/mld/mercurynews/14733041.htm

This will really depend on Intel's NGA rollout. If it is delayed or a paper rollout, then it might happen. However, if Intel delivers as promised and you know Dell is at the head of the line, then no dice.

Expectations are formed based on experience. Intel has disappointed too many times in the recent past to be able generate positive expectations based on promised new technologies. Also, I think the market is anticipating AMD's response given the recent capitulation by Dell (which may underwhelm). Good results will be the key to turning Intel's stock price.

Based on information currently available, and taking into account how long it will take for NGA parts to affect the bottom line versus the effect that the current discounting is having, I would judge that August would be a good time to consider closing your position. Secondarily, I think the tech market is at risk from macro factors over the usually slow summer season and will decline across the board -- no one escapes. AMD will likely go down as well, but shorting risk there is too great as the vols are too high.

I like TXN, but I will probably wait until August before buying.

By way of disclosure, I am still short INTC.