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re: SAVE

Posted on 1/18/24 at 12:50 pm to
Posted by 632627
LA
Member since Dec 2011
12829 posts
Posted on 1/18/24 at 12:50 pm to
I don't understand the crazy drop.... wasn't JetBlue going to purchase around $30/share?

How could it be valued at $5 now?

Seems like jet blue got lucky the merger was blocked?
Posted by LSUFanHouston
NOLA
Member since Jul 2009
37202 posts
Posted on 1/18/24 at 4:01 pm to
I would think the liquidation value, net of debt, is more than the current stock price.

Also, why did this thread get the anchor?

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