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BC
Bill Combs
@billcombs · Oct 6

I look at the Flash News and see that $SAVE stock is down 30% on Friday. The stock did so in response to news that the company is in talks with bondholders about a possible bankruptcy.

Have any of you had or have this stock in your portfolio?

TM

It's a terrible company, but maybe in this industry, $DAL or $RYAAY is great for me.

BC

Yes, $RYAAY is probably the best for me at the moment as far as the transportation and aviation industry is concerned.

MS

The airline sector is quite fine, but this company is not doing well. It is true that companies in this sector go bankrupt quite often.

BC

Agreed, you can find interesting companies like $RYAAY, but this is really bad business.

CB

The performance is terrible, and that chart looks scary too. I really wouldn't want a stock like that in my portfolio.

BC

Yes, this is not a good investment.

AA

No wonder the stock is down like this. Just a glance at the chart makes it something I would never buy. All I have to do is look just a little closer and I immediately see that a company that has a capitalization of $185M and has $7.41B in debt can never give it.

BC

Yeah exactly😂

NT

I never buy stocks like that. Overall, this sector is terribly volatile.

BC

I'm the same way.