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Started By
Message
SAVE is falling sharply after-hours
Posted on 6/10/20 at 6:17 am
Posted on 6/10/20 at 6:17 am
What gives? Lost 11% yesterday and down another 11% AH.
A bit of a pullback was expected but this is pretty big
A bit of a pullback was expected but this is pretty big
6
Posted on 6/10/20 at 6:29 am to Tigerfan56
Sold all of mine the last couple days between 23-24. Cost basis around $9. I saw no real reason for the recent run up so quickly, but obviously glad to take advantage. Airlines are still in a world of hurt IMO.
This post was edited on 6/10/20 at 7:02 am
Posted on 6/10/20 at 7:13 am to TigeRoots
quote:
Sold all of mine the last couple days between 23-24
I did the same.
Posted on 6/10/20 at 7:14 am to TigeRoots
quote:
Sold all of mine the last couple days between 23-24. Cost basis around $9. I saw no real reason for the recent run up so quickly, but obviously glad to take advantage. Airlines are still in a world of hurt IMO.
Airlines are in for a rough go, no doubt, bus Save has such a strong Balance Sheet they are one of the least likely to fail. They have enough cash to last which could make them come out even stronger if competitors fail.
That's why I invested in them, heavily. But I will set a stop loss order to make sure I secure significant gains should they continue to tumble. Still believe in them long term but I will take my assured profits as I have been wrong many a time before.
Posted on 6/10/20 at 8:44 am to Tigerfan56
Sold my shares, just waiting to see how far it falls and then will buy it again.
Posted on 6/10/20 at 8:46 am to Tigerfan56
would love to sell mine but TD Ameritrade is down...
what a joke
what a joke
Posted on 6/10/20 at 8:48 am to Tigerfan56
Stick triples in a week and you’re wondering why it’s selling off?
Posted on 6/10/20 at 9:12 am to Huge Richard
quote:
Stick triples in a week and you’re wondering why it’s selling off?
To be fair we aren’t operating in normal times here.
It tripled in a week and was still 50% lower than its 52 week high.
Posted on 6/10/20 at 10:04 am to Tigerfan56
Idk I probably should’ve sold too
Losing money sucks dude
Losing money sucks dude
This post was edited on 6/10/20 at 10:05 am
Posted on 6/10/20 at 10:09 am to jmcwhrter
quote:
but TD Ameritrade is down
It's been working fine for me all morning.
Posted on 6/10/20 at 10:26 am to el Gaucho
quote:
I probably should’ve sold too
Losing money sucks dude
It sure does, but since you haven't sold, you haven't lost money.
Posted on 6/10/20 at 10:29 am to Tigerfan56
Airlines will come back in the long term. Some may not survive and will be taken over in a "fire sale" but that will work out well for those who are strong enough to get through this mess.
Posted on 6/10/20 at 11:02 am to Auburn1968
Bought some at the dip today and am already up 10% 
Posted on 6/10/20 at 11:18 am to quail man
Ya, I tried to get back in at 18 and missed it.
Oh well, carnival has their earnings release on the 18th so I may just wait and jump in that mess.
Oh well, carnival has their earnings release on the 18th so I may just wait and jump in that mess.
Posted on 6/10/20 at 12:47 pm to kengel2
In at 9. Got out at 23 and 20.
Will get back in if it falls again.
Will get back in if it falls again.
Posted on 6/10/20 at 4:07 pm to Tigerfan56
I’m flying on LUV right now. Only 63 people on board a 737-700. They can’t make money like this. Not to mention, no adult beverages to buy
Posted on 6/10/20 at 4:24 pm to Bob Sacamano
quote:
I’m flying on LUV right now. Only 63 people on board a 737-700. They can’t make money like this. Not to mention, no adult beverages to buy
That sucks. I have tickets booked for August 19th. I hope they're still solvent by then!
Posted on 6/11/20 at 6:54 am to Rust Cohle
What do yall think about this today?
Dropped to like $16.40/share.
Dropped to like $16.40/share.
Posted on 6/11/20 at 7:14 am to kengel2
I plan on buying in below 15 and then again lower. I won’t go all in at $15. Their balance sheet works for me but once PPP dries up and if we see erosion of disposable cash for their flyer base I think loads may be too light in the short run.
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