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Not sure if a technical analysis really matters if the Company doesnt exist in the way portrayed...

Absolutely. Q2 ER report is due in a couple weeks, though. It could either rocket the share the price back up, or bring it back under a $1.
 
Absolutely. Q2 ER report is due in a couple weeks, though. It could either rocket the share the price back up, or bring it back under a $1.

I would suspect it would shoot the price up. Bigger concern is the accuracy of those statements in the ER.
 
Looks like Spirit's drop might be here to stay.

SAVE's stock price will go in tandem with COVID-19. If you have good COVID news, the stock will shoot up. If you have COVID headwinds, the stock will struggle. They are no different than hotels, physical casinos, non-essential retailers, REITs, other airlines, restaurants...
 
SAVE's stock price will go in tandem with COVID-19. If you have good COVID news, the stock will shoot up. If you have COVID headwinds, the stock will struggle. They are no different than hotels, physical casinos, non-essential retailers, REITs, other airlines, restaurants...
I def understand just expected a green day because it seemed like there was some positive vaccine news.
 
I def understand just expected a green day because it seemed like there was some positive vaccine news.

I think the AZN vaccine news was good but it was more muted than expected. IMO, this just proves we are probably still many months away from a market-ready vaccine. That's why the hotels, non essential retailers, REITs, airlines, restaurants, etc. were hit hard today.
 
@VolAllen Now the time to get back into SAVE or is the ER gonna send it below $15?
If I were entering right now, I’d say buy half of what you want to hold long term, buy the other half if/when it drops. I don’t know if ER is going to have that much of an effect.
 
Fed buying stocks. What's everyone's feelings on this? My feeling is it's not good, and today (maybe all week) will be deep rep across the board. This has gotta signal the start of another good slide right? Probably not March lows though.

We're not China or Venezualia (sp). If the line with government owned equity gets crossed it should be allowing Social Security accounts to be managed and controlled by the wage earners.
 
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