Frontier stock
Sep 28, 2009 | 9:35 am
#1
Original Poster
Join Date: May 2008
Posts: 229
Frontier stock
I noticed that Frontier stock had a sharp decline (Friday afternoon or afterhour trading?), but seems to be coming back today. Any ideas about what precipitated this? Labor worries, because of the Republic/Midwest mess?
Sep 28, 2009 | 11:18 am
#2
Join Date: Apr 2003
Location: SLC/HEL/Anywhere with a Beach
Programs: Marriott Ambassador; AA EXP 3MM; AS MVP, Hilton Gold, CH-47/UH-60/C-23/C-130 VET
Posts: 5,234
I don't understand why Frontier stock has any value.
Republic won Frontier in the auction and the sales has been approved by the bankruptcy court. The sale closes on October 1. Once the sale closes, Frontier shares will be worthless since I don't believe anything is left after satisfying creditors (the biggest one is Republic). Creditors get their money first in bankruptcy and shareholders get whats leftover, which is usually nothing.
Republic won Frontier in the auction and the sales has been approved by the bankruptcy court. The sale closes on October 1. Once the sale closes, Frontier shares will be worthless since I don't believe anything is left after satisfying creditors (the biggest one is Republic). Creditors get their money first in bankruptcy and shareholders get whats leftover, which is usually nothing.
Sep 30, 2009 | 6:41 pm
#3
Suspended
Join Date: Sep 2009
Posts: 2
I don't understand why Frontier stock has any value.
Republic won Frontier in the auction and the sales has been approved by the bankruptcy court. The sale closes on October 1. Once the sale closes, Frontier shares will be worthless since I don't believe anything is left after satisfying creditors (the biggest one is Republic). Creditors get their money first in bankruptcy and shareholders get whats leftover, which is usually nothing.
Republic won Frontier in the auction and the sales has been approved by the bankruptcy court. The sale closes on October 1. Once the sale closes, Frontier shares will be worthless since I don't believe anything is left after satisfying creditors (the biggest one is Republic). Creditors get their money first in bankruptcy and shareholders get whats leftover, which is usually nothing.
Keith
Oct 2, 2009 | 6:53 am
#4
Join Date: May 2005
Programs: UA
Posts: 1,776