Spirit Airlines stock is still up about 8% on Wednesday.
But as we reported last week, it looks like investors are underestimating the company.
Spirit’s stock is down because it’s not doing well in the US, and investors are looking for another carrier in the industry.
That means the company is suffering a major price drop.
That is, Spirit has fallen off the radar of many investors.
But we have a new way to gauge Spirit’s prospects.
I put Spirit on a “buy” indicator.
Spirit shares were trading above $60 in early morning trading on Wednesday afternoon.
I then set my price target at $60 and hit it.
My target price was set at $65 on Thursday, but as of press time, Spirit shares have fallen below that target price of $60.
This is what I got.
Here are the numbers: Spirit’s stock has fallen below $60 since last Friday.
This means the stock has dropped below the $60 mark for the first time since April 18.
Spirit has also fallen off of its recent up-and-down trajectory.
Its recent highs and lows are not that impressive.
Its only been above $40 a few times, but it’s fallen off more than that once.
We have a model that says that the market’s appetite for Spirit is not necessarily based on its growth prospects.
The company has been on a long downward slide, and the more recent price drops mean that investors have been willing to give up on Spirit.
And the company has suffered from some serious financial problems.
So it’s unlikely that Spirit’s market value will go up any time soon.
But the company’s stock can go up, because of a combination of factors: the fact that Spirit is an airline that has an aggressive customer base and is well positioned for growth; the fact the company can offer high-speed internet, and is working on new technologies that could give the airline better internet connectivity than it currently has; and the fact Spirit has an interesting new marketing campaign.
In short, it’s a good time to be a Spirit investor.
The only downside is that there is a high risk that the company will fail.
Spirit will need to raise money from investors to expand its network.
That could mean a major acquisition by another airline.
But it also means that Spirit may need to find a way to survive on its own, or that it could go out of business.
If it can’t, investors will likely lose interest in the company and it could lose the confidence of its investors.