Frontier's stock plummets....

Old Sep 18, 08, 2:12 pm
  #1  
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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.
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Old Sep 18, 08, 2:29 pm
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I try to avoid stocks whose fifth letter in the ticker symbol is "Q".
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Old Sep 18, 08, 2:56 pm
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Originally Posted by Spiff View Post
I try to avoid stocks whose fifth letter in the ticker symbol is "Q".
What does the Q mean?
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Old Sep 18, 08, 7:22 pm
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http://www.sec.gov/answers/qadded.htm

It means it is basically already worthless.
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Old Sep 18, 08, 7:35 pm
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Bye Bye Frontier

Bye-Bye F9 ... belly-up time Chapter 7 NOT Chapter 11
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Old Sep 18, 08, 8:13 pm
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Originally Posted by Boston_Bulldog View Post
Bye-Bye F9 ... belly-up time Chapter 7 NOT Chapter 11
Though not certain, the fact is that going from 0.32 to 0.16, while a loss of 50%, is also just a minor adjustment in the fact that it has been a few months now since F9 was a "safe" investment. And suggesting that they are destined for Ch7 instead of Ch11 is a pretty bold move. Any real reason for that??
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Old Sep 18, 08, 8:43 pm
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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.
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Old Sep 18, 08, 10:21 pm
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Originally Posted by Boston_Bulldog View Post
Bye-Bye F9 ... belly-up time Chapter 7 NOT Chapter 11
And it would have nothing to do with the fact that not only is the general stock market on a downward trend, that it is becoming less and less likely that the stock will be declared worthless and reissued once F9 comes out of BK???
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Old Sep 19, 08, 9:53 am
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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.
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Old Sep 21, 08, 8:20 am
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Moving Thread

Moderator Hat On

Since there's no specific news piece here, I'm moving this to the Frontier forum for further discussion.

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Old Sep 21, 08, 1:34 pm
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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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Old Sep 21, 08, 4:57 pm
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Originally Posted by DenverF9Flier View Post
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.
I was under the same impression.

Last edited by notsosmart; Sep 23, 08 at 3:45 pm
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Old Sep 24, 08, 8:20 pm
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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.

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