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$Spirit Airlines (SAVE.US)$ pumb and dump

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  • ColdJoke : shorters want to cover. Bankruptcy they will have issue to cover quickly. Relief they will lose more. I am using this chance to sell. Bloody but will leave 40% to see luck which is unlikely. When management is less disciplined, any shit could happen

  • TheDylz ColdJoke : why would they have to cover quickly? i know theres often a bk bounce but if it actually does go to zero they never have to return the shares

  • ColdJoke TheDylz : People can get trash shares from otc market easily. However, brokers could disallow shorting and dump brokers’s own shares if time allows. Look, if management say like we are negotiating with convertible bond owners then we are fine, worst case a severe dilution but it’s priced in. Now they postponed earnings for nonsense, please saying expect to cancel equity. Must have seen horrible earnings they cannot afford to release

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