1/2 Hey all, it’s been real on this app but, I’ve decided that I will be permanently leaving this app. There’s some great people on here that are incredibly smart, do great research and DD. And you have taught me a lot, seriously. I will probably check DMs for a while…
@THEILLEXOTIC So if you use Gray’s 19.3 BN number, after this offering, if the 62 million in debt was eliminated and then the remaining was distributed to the post offering 304,637,563 shares- it’d be about 63.15 a share. Didn’t really account for the interest or anything here.
1/n Decent article but I don’t think Jet Blue will be filing for bankruptcy this year. They still have 6BN in unencumbered assets they can pledge for additional liquidity if needed (looks like they obtained another 500 mil secured to various assets so this number…
@Tiggersdad2 Thanks. I agree they screwed up by not allowing them to merge albeit, I’m not sure it can be said definitely that it wouldn’t prevent a bigger BK down the line.
3/n a decrease in demand. But JetBlue burned 826M gallons in 2025 at avg $2.49/gal = $2.06B . At current high of ~$4.88/gal, that’s ~$4.0B annualized. Obs, prices are volatile and that’s the recent high, but still paints how serious this spike is.
. @TheRobbCarter never replied to my comment to this post but what I was getting at is, stocks are a function of future cash flows. Specifically, the net present value of all future cash flows. Why is it surprising that companies with no cash flows go to zero?