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"$SAVE - SHORTING IT HERE COULD LEAD TO DISASTER"
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I can't imagine anyone selling/shorting $SAVE here. $JBLU was willing to pay up to $35/share....Spirit's fleet of 202 aircraft are all Airbus planes. Management has stated that the company will be cash flow positive in the 2nd quarter. The company's major bond issue is due in Sept. 2025.
Next takeover offer could move the share price back above $20.
Best opportunity in the market for a major move higher over the next two months.
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- 9 months ago
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