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Message
Can Spirit Airlines be the next Carvana
Posted on 11/18/24 at 1:52 pm
Posted on 11/18/24 at 1:52 pm
Tempted to throw some money at SAVE at $1.08 a share.
4
Posted on 11/18/24 at 1:58 pm to anc
quote:
can a bankrupt company be the next company that is not bankrupt
no
Posted on 11/18/24 at 3:52 pm to anc
Depends. Can Ally help Spirit Airlines cook the books too? If not, probably not.
Posted on 11/18/24 at 4:20 pm to anc
Their bonds are exploding. That is the way to play a bankruptcy more than hoping retail will drive up the derivatives.
Posted on 11/18/24 at 4:24 pm to anc
What's the gist on why Spirit is in this situation? Other than a bad customer base.
Posted on 11/18/24 at 7:16 pm to HagaDaga
quote:government denied a merger with Jetblue so obviously the only other move they had was chapter 11
What's the gist on why Spirit is in this situation
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