SPIRIT AND JETBLUE ARE IN A MERGER VS THE DOJ CASE RULING
I see all these people drawing lines without talking about the companies.
Here's the rabble rousing this play.
Spirit?
SAVE
P/E ratio as of December 2023 (TTM): -3.36
I only fly Alaska if I can but Spirit is big with the cheap and those flying to Vegas.
Negative isn't great p/e isn't great. They are losing money.
How long are you willing to hold? Why would you?
I won't draw lines, but looking at the graph. Maybe it will recover but why would they?
There will be MAYBE a merger with Jetblue but the DOJ are looking to block it.
Spirit will go bankrupt. You got that right TA boys SAVE is garbage
like 6 months ago JetBlue offered to buy Spirit last year at $33.50. Judge wouldn’t allow it. but. JetBlue announced they are breaking up w/ American to be northeast so they can reposition to buy Spirit again.
Coinflip baby.
It's the DOJ that sued to stop the merge. Coinflip.
the Spirit/JetBlue trial is concluding, should end of the year. , with the judge expected to rule at some point after December 13, 2023.
tldr: Bad Company, Good play. Buy puts/calls for this month depending on what you think.
Here's the rabble rousing this play.
Spirit?
SAVE
P/E ratio as of December 2023 (TTM): -3.36
I only fly Alaska if I can but Spirit is big with the cheap and those flying to Vegas.
Negative isn't great p/e isn't great. They are losing money.
How long are you willing to hold? Why would you?
I won't draw lines, but looking at the graph. Maybe it will recover but why would they?
There will be MAYBE a merger with Jetblue but the DOJ are looking to block it.
Spirit will go bankrupt. You got that right TA boys SAVE is garbage
like 6 months ago JetBlue offered to buy Spirit last year at $33.50. Judge wouldn’t allow it. but. JetBlue announced they are breaking up w/ American to be northeast so they can reposition to buy Spirit again.
Coinflip baby.
It's the DOJ that sued to stop the merge. Coinflip.
the Spirit/JetBlue trial is concluding, should end of the year. , with the judge expected to rule at some point after December 13, 2023.
tldr: Bad Company, Good play. Buy puts/calls for this month depending on what you think.