Frontier's stock plummets....
Anyone have any news that is causing a massive sell-off of F9 stock FRNTQ? It is down to .16 a share, almost a 50% drop in 48 hours...
Investors seem to have very little confidence in F9, it makes me worry. |
I try to avoid stocks whose fifth letter in the ticker symbol is "Q". :eek:
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Originally Posted by Spiff
(Post 10389948)
I try to avoid stocks whose fifth letter in the ticker symbol is "Q". :eek:
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Bye Bye Frontier
Bye-Bye F9 ... belly-up time Chapter 7 NOT Chapter 11
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Originally Posted by Boston_Bulldog
(Post 10391281)
Bye-Bye F9 ... belly-up time Chapter 7 NOT Chapter 11
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my wife and I are hoping that they hold on for the next few weeks ... i have been promising her a flight with an animal on the tail - hopefully Jack.
I have always had great flights on frontier, and try to fly them whenever they are an option. |
Originally Posted by Boston_Bulldog
(Post 10391281)
Bye-Bye F9 ... belly-up time Chapter 7 NOT Chapter 11
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Recent Injection?
Didn't Frontier just get a nice little capital injection from Republic and a few others? From what I remember, this was actually a better deal than the earlier financing they'd received late July, so it's somewhat of a back-up.
Could there be a change in their financing deals? This could mean curtains. Anyone want some cheap A319's? Regardless, I'm pulling for F9 on this one. Great company. |
Moving Thread
Moderator Hat On
Since there's no specific news piece here, I'm moving this to the Frontier forum for further discussion. Moderator Hat Off |
Actually, they have obtained a signifigant cash infusion, oil prices have been dropping, and their operating loss has almost vanished... I'd say that they actually look to be coming out of the woods.
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Originally Posted by DenverF9Flier
(Post 10402130)
Actually, they have obtained a signifigant cash infusion, oil prices have been dropping, and their operating loss has almost vanished... I'd say that they actually look to be coming out of the woods.
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Typically nothing to worry about. In a typical bankruptcy filing, I believe the old stock/certificates will eventually be cancelled and work their way to being worthless (.00). It's just making its way to its final value.... New ones will be issued with a high value when it emerges from bankruptcy.
Jiburi |
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