In the courtroom.
11-17-2023, 08:54 AM
#202
Gets Weekends Off
Joined APC: Mar 2006
Position: guppy CA
Posts: 5,171
Rumors starting to float that a settlement has been submitted to the Judge. I don't know the validity of the rumors, but the timing would make sense due to motion 167.
In plain speak, the DOJ may/might/probably submitted an agreement to the Judge to drop the lawsuit in exchange for some Jetblue divestitures of Spirit gates/slots.
Again, this is an unsubstantiated rumor.
In plain speak, the DOJ may/might/probably submitted an agreement to the Judge to drop the lawsuit in exchange for some Jetblue divestitures of Spirit gates/slots.
Again, this is an unsubstantiated rumor.
11-17-2023, 09:06 AM
#203
Gets Weekends Off
Joined APC: Dec 2022
Posts: 869
Rumors starting to float that a settlement has been submitted to the Judge. I don't know the validity of the rumors, but the timing would make sense due to motion 167.
In plain speak, the DOJ may/might/probably submitted an agreement to the Judge to drop the lawsuit in exchange for some Jetblue divestitures of Spirit gates/slots.
Again, this is an unsubstantiated rumor.
In plain speak, the DOJ may/might/probably submitted an agreement to the Judge to drop the lawsuit in exchange for some Jetblue divestitures of Spirit gates/slots.
Again, this is an unsubstantiated rumor.
what is motion 167
11-17-2023, 09:10 AM
#204
Gets Weekends Off
Joined APC: Mar 2016
Position: 320 Captain
Posts: 172
There's a whole lot of day traders out there that are treating this like a Gamestop type situation. They are pumping lots of money into SAVE stock hoping to in the very least pump it up, is what I'm seeing. So with that in mind, there's a lot of biases in the works on messaging from certain sources.
But I do hope it's true tbh, a settlement would be great. It's been sad to hear that the DOJ never actually negotiatged.. at all! What kind of nonsense is that. Just blanketly trying to stop viable companies from competing. Very uncapitalistic!
But I do hope it's true tbh, a settlement would be great. It's been sad to hear that the DOJ never actually negotiatged.. at all! What kind of nonsense is that. Just blanketly trying to stop viable companies from competing. Very uncapitalistic!
11-17-2023, 09:17 AM
#206
Gets Weekends Off
Joined APC: Mar 2006
Position: guppy CA
Posts: 5,171
There's a whole lot of day traders out there that are treating this like a Gamestop type situation. They are pumping lots of money into SAVE stock hoping to in the very least pump it up, is what I'm seeing. So with that in mind, there's a lot of biases in the works on messaging from certain sources.
But I do hope it's true tbh, a settlement would be great. It's been sad to hear that the DOJ never actually negotiatged.. at all! What kind of nonsense is that. Just blanketly trying to stop viable companies from competing. Very uncapitalistic!
But I do hope it's true tbh, a settlement would be great. It's been sad to hear that the DOJ never actually negotiatged.. at all! What kind of nonsense is that. Just blanketly trying to stop viable companies from competing. Very uncapitalistic!
Given the drop in the stock at the start of the trial, I would say it is not behaving like a Gamestop type situation. What message board do you see these day traders?
11-17-2023, 09:48 AM
#208
SDQ Base Chief
Joined APC: Mar 2006
Position: 320 CA
Posts: 5,667
I sat in the courtroom a few days ago. I can tell you that the 'vibe' I got from the Judge is that he will dismiss this. He has also hinted at a settlement several times. In plainspeak, let the DOJ team that they were going to lose.
Given the drop in the stock at the start of the trial, I would say it is not behaving like a Gamestop type situation. What message board do you see these day traders?
Given the drop in the stock at the start of the trial, I would say it is not behaving like a Gamestop type situation. What message board do you see these day traders?
https://www.reddit.com/r/wallstreetb...sitionlawsuit/
11-17-2023, 10:11 AM
#209
Gets Weekends Off
Joined APC: Mar 2016
Position: 320 Captain
Posts: 172
I sat in the courtroom a few days ago. I can tell you that the 'vibe' I got from the Judge is that he will dismiss this. He has also hinted at a settlement several times. In plainspeak, let the DOJ team that they were going to lose.
Given the drop in the stock at the start of the trial, I would say it is not behaving like a Gamestop type situation. What message board do you see these day traders?
Given the drop in the stock at the start of the trial, I would say it is not behaving like a Gamestop type situation. What message board do you see these day traders?
But, it's going through the system reguardless. I think it will go to a decision.
11-17-2023, 10:39 AM
#210
That/It/Thang
Joined APC: Aug 2020
Posts: 2,921
Short version; DOJ is using expert witnesses that are going to be giving conflicting testimony from what they said during the NEA trial and what they are going to say in this one. You can’t be a witness and say in one trial how JBLU is great in lowering fares against legacy carriers and then in another, say they will raise fares. A motion has been filed regarding this, and if it’s sustained, the DOJ is basically sunk
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