TheCoconutty

Following my TA to A T

Long
BATS:SAVE   Spirit Airlines, Inc.
My precision is getting better and better…


I have to tell my audience more about my analysis. Please refer to my previous posts and you will see over an hours worth of content covering SAVE. I essentially confirms my thesis of their fair value by analyzing fundamentally looking through balance sheets and financials etc.. The merger was rejected based on the fact that spirit offers a unique budget pricing that would hurt cheaper customers if they lost that specialization, this also means Spirit Airlines isn’t going anywhere and they are a necessity.

I already analyzed the company and gave them fair value at 12.50$ regardless of news, implied volatility is simply over exaggerating premiums due to fear and news. I get shares of an airline that is one of a kind and already well established everywhere, at a
I already analyzed the company and gave them fair value at 12$ regardless of news, implied volatility is simply over exaggerating premiums due to fear and news. I get shares of an airline that is one of a kind and already well established everywhere, at a discount.

They can’t merge because they are needed to be affordable, so they also won’t be going bankrupt or collapsing in my eyes. Demand is too high, I’ve been buying a specialized airline for a crazy discount. On top of this it’s at the bottom of my TA trend section as seen in the picture, which is a floor or considered a resistance level.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.