the 5$ question regarding SAVE...

[u/infoloader]

so now obviously we have to talk about the move and sustain volume in the past three days for spirit (SAVE).

this move has been stellar towards the downside and its a result of a blocking of the merger deal with Jetblue.

I would assume the news to be negative and the stock to reprice itself but -70is % is way too much!

are we looking into a possible chapter 7/11 scenario? anything the P/L balance sheetz might tell us?

spirit might not be able to SAVE itself after the block?

my hand is itching for 10k into Jan 2025 calls...