In the courtroom.
11-07-2023, 06:14 PM
#61
Gets Weekends Off
Joined APC: Sep 2020
Posts: 331
Today David was out of court but someone shared this twitter account of someone else seemingly writing out the transcripts starting from Day 1. Today, Nov 7th, marks Day 6 of the trial so it's probably going to take some time to catch up if that person has all the transcripts. Link below
https://x.com/copperwaterarb?t=SxiMb...f5Y2S3Waw&s=09
https://x.com/copperwaterarb?t=SxiMb...f5Y2S3Waw&s=09
11-07-2023, 07:08 PM
#62
Gets Weekends Off
Joined APC: Sep 2016
Posts: 931
Combined JB Spirit will be barely over 7% market share. I can't see how this is anti-competitive at all. Spirit isn't going to last as a standalone carrier. They have increased losses for 4 years in a row. The JB defense is pretty strong compared to the DOJ case. I think its in everyone's best interest for the merger to proceed.
11-08-2023, 04:15 AM
#63
off weekends (if Reserve)
Joined APC: May 2023
Posts: 353
Combined JB Spirit will be barely over 7% market share. I can't see how this is anti-competitive at all. Spirit isn't going to last as a standalone carrier. They have increased losses for 4 years in a row. The JB defense is pretty strong compared to the DOJ case. I think its in everyone's best interest for the merger to proceed.
11-08-2023, 05:17 AM
#64
Gets Weekends Off
Joined APC: Mar 2020
Posts: 149
Whether it is or not, even what you or I or even Robin Hayes thinks ……it really doesn’t matter. It really only matters what Judge Young thinks. What’s interesting SAVE ‘s performance during market hours is a reflection of what Wall Street thinks….or at least what Wall Street THINKS Judge Young THINKS…….
11-08-2023, 05:58 AM
#65
Gets Weekends Off
Joined APC: Sep 2014
Position: Da Bus, Left
Posts: 1,549
Just looking at the options chains for early next year, definitely no reflection of the merger being approved. Tempted to buy some calls (already own SAVE since the pandemic)…. 🤔
11-08-2023, 06:51 AM
#66
SDQ Base Chief
Joined APC: Mar 2006
Position: 320 CA
Posts: 5,667
11-08-2023, 08:27 AM
#67
off weekends (if Reserve)
Joined APC: May 2023
Posts: 353
I suppose that's true, Wall Street did react inappropriately due to the grounding of some of Spirits planes as well as the suspension of hiring. These two events while negative are completely independent of the acquisition/merger, the over reaction by Wall Street to these events indicates to me that many day trading BROs are unaware of the agreed upon outcome for SAVE shareholders pending approval.
11-08-2023, 08:35 AM
#68
off weekends (if Reserve)
Joined APC: May 2023
Posts: 353
He then goes on to say the JBLU poor performance is directly tied to them acquiring Spirit.
"DECLARE AN INTEREST"- British House of Commons
11-08-2023, 08:48 AM
#69
That/It/Thang
Joined APC: Aug 2020
Posts: 2,921
So let me get this straight:
”Spirit stock is way down because the market thinks the merger will fail”
”JBLU stock is down because the market doesn’t want the merger and it looks like it will happen”
ok…lots of contradiction
The “market” is a reactionary force that is always late to the party. Remember covid and how low airline shares got because why? Planes were never going to fly again?”
Automated day traders and algorithms are not a guiding light for how a court case will go, that’s decided by 1 man
”Spirit stock is way down because the market thinks the merger will fail”
”JBLU stock is down because the market doesn’t want the merger and it looks like it will happen”
ok…lots of contradiction
The “market” is a reactionary force that is always late to the party. Remember covid and how low airline shares got because why? Planes were never going to fly again?”
Automated day traders and algorithms are not a guiding light for how a court case will go, that’s decided by 1 man
11-08-2023, 08:58 AM
#70
Gets Weekends Off
Joined APC: Mar 2008
Posts: 3,905
I've followed a number of cases and I have to say this administration's DOJ (or FCC, or SEC, or any number of other alphabet agencies) seem to be filled with lawyers with more ideological zeal than actual legal acumen, and they get their tails handed to them fairly regularly.
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