SAVE - Going to $0 or $15+

2024年9月30日

Just publishing this so I can (hopefully) look back at it when I'm a millionaire. This stock is trading at less than 1/3 book value, previous merger offer was for over $30/share, and not much has changed from a financial perspective. They're burning cash, but they're also closing and opening new routes, doing a whole new ticket package and brand marketing revamp, creating a new airline credit card, etc. I just don't see them filing for bankruptcy, but I could be wrong. Looking for headlines news about a merger or anything other than bad news to send this to the $5-20 range.

2024年10月23日

註釋

Thesis still intact. Merger rumors circulating, each dollar the stock gains, the less likely bankruptcy is. Looking for $5-20 still, with a guess of about $14.