628.41MMarket Cap-2093P/E (TTM)
12.540High12.120Low638.19KVolume12.330Open12.300Pre Close7.89MTurnover1.34%Turnover RatioLossP/E (Static)51.85MShares14.89052wk High-15.62P/B575.80MFloat Cap3.70052wk Low--Dividend TTM47.51MShs Float58.674Historical High--Div YieldTTM3.42%Amplitude0.279Historical Low12.358Avg Price1Lot Size
RoNo : What’s the big news coming?
Justin BrewerOP RoNo: As I wrote, I believe either a settlement with the DOJ will be reached in June or a revised agreement between JBLU and SAVE will be put in place before the July expiration. That is the BIG news I expect will be coming, so I am loading up on the stock at the current prices.
RoNo : I wouldn’t think any of that happens before the appeal. In the best interest of spirit to hold jblu to the original deal through the appeal. I’d bet (as in I am betting) if the appeal fails Carl Icahn Is going to push Spirit into a corner. Pure uniformed spec but;-))I’m buying every dip.moomoo executes poorly. I had a limit order yesterday for 6.20 and it failed to execute. Good luck!
RoNo : It’s worth noting that short of an exogenous event it is unlikely Spirit would be forced into bankruptcy. They are addressing the debt issue with the lenders and a possible dilution of shares, implementing their cost reduction measures, and made it clear in the call that bankruptcy was not in the cards.
Justin BrewerOP RoNo: Stay tuned…
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