The_Black_Log Foler
Stock Pals Senior Vice President
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So cheap. Kinda tempted to pick some up. I shouldn’t though, I know.
Investing General Discussion
- Thread starter Furious
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Jysin
Ahn'Qiraj Raider
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SAVE down another 5% premarket, while the rest of the market is quite green in the pre.
Not the best look.
The_Black_Log Foler
Stock Pals Senior Vice President
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Palum
what Suineg set it to
- 23,377
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So anecdotally they took delivery of no new aircraft from 2018 until 2023. They also have a lock on the demographic with state guaranteed disposable income. It seems like they're in a relatively stable position to weather the storm. Of course airlines are notoriously volatile. Dunno.
Sanrith Descartes
Veteran of a thousand threadban wars
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Jysin
Ahn'Qiraj Raider
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harsh. Dude is "only" 40% underwater on that NCLH position after 3 years.
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The_Black_Log Foler
Stock Pals Senior Vice President
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Sanrith Descartes
Veteran of a thousand threadban wars
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A less snide response.
There will always be trades that pop up that appear to be sure money makers. And sometimes they are. And sometimes they aren't. This is one of the fundamental ways I define trading and investing. Grabbing some SAVE with the intent to flip it for a gain when/if it recovers is a trade. But making this decision based on nothing more than price action and gut feeling is not even trading, its gambling. Lets look at SAVE
You would be taking a long position in a microcap that is looking to lose $4.90 a share. One could easily argue that a company projected to lose $5/share is properly priced at $5.75 a share. Looking at the short interest (which by the way is at 17% BEFORE this news popped) lots of people think the price discovery is still too high on it.
Airlines are shitty investments. Its a low margin industry that is unionized. As much as I despise gubmint involving itself in business, this is one of the only industries that I could almost stomach being government regulated as it was back in the day.
Trade opportunities happen every minute of the day. I am not against trading, but I firmly stand on the idea that you only trade in companies you want to own. Example, I am currently sitting on a trade in AAPL. If the trade goes south on me and I end with AAPL shares, I will not complain at all.
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Sanrith Descartes
Veteran of a thousand threadban wars
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Closed out my AAPL put for 9 cents. It was a low payout for a low risk short-term trade.
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Sanrith Descartes
Veteran of a thousand threadban wars
- 41,467
- 107,522
The_Black_Log Foler
Stock Pals Senior Vice President
- 43,735
- 40,641
Sanrith Descartes
Veteran of a thousand threadban wars
- 41,467
- 107,522
The_Black_Log Foler
Stock Pals Senior Vice President
- 43,735
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Sam Hyde should get some VCs to back him to buy it then pivot it to some fishtank live scenario. Free flights but it’s constantly live streamed with interesting challenges.
Probably would get push back from safety regulators
Sanrith Descartes
Veteran of a thousand threadban wars
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Kithani
Blackwing Lair Raider
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Spirit Airlines should start a reality show or channel of all the trashy shit their customers do at the airport and on the plane.
Imagine all the drama we see from cell phone videos uploaded to YouTube but instead they have the plane rigged up with multiple viewing angles and good cameras etc. maybe even some WWE style announcers for the fights. Sell a subscription for $1/mo or so
edit: ok
Fogel
beat me to it but I agree 100%- 1
The_Black_Log Foler
Stock Pals Senior Vice President
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I posted it on my foler account.Spirit Airlines should start a reality show or channel of all the trashy shit their customers do at the airport and on the plane.
Imagine all the drama we see from cell phone videos uploaded to YouTube but instead they have the plane rigged up with multiple viewing angles and good cameras etc. maybe even some WWE style announcers for the fights. Sell a subscription for $1/mo or so
edit: ok
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Sanrith Descartes
Veteran of a thousand threadban wars
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Way ahead of you pal...Spirit Airlines should start a reality show or channel of all the trashy shit their customers do at the airport and on the plane.
Imagine all the drama we see from cell phone videos uploaded to YouTube but instead they have the plane rigged up with multiple viewing angles and good cameras etc. maybe even some WWE style announcers for the fights. Sell a subscription for $1/mo or so
edit: ok
Soul Plane
Following a ridiculously awful flight that leads to his pet's death, Nashawn Wade files a lawsuit against the airline, and wins a multimillion-dollar settlement. Determined to create a better flying experience, Nashawn starts his own airline, one that caters to an African-American clientele...
www.themoviedb.org
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Sanrith Descartes
Veteran of a thousand threadban wars
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I think my FBTC is borken. Guess I am going to return it for a full refund.
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