May. 5 at 5:42 PM
$SPY $FLYY So, people wanted our broke government, to bailout a broke private company (lemon socialism) that screwed over their investors, due to illegal naked shorting and a failed merger, due to a duped judge and corrupt SEC. Make it make sense. Let's say they did bail them out with imaginary debt notes, the cost of jet fuel would have left them bankrupt again due to Trump's holy war. 🤪🙃
"In January 2024, U.S. District Judge William Young blocked JetBlue's
$3.8 billion acquisition of Spirit Airlines, agreeing with the Justice Department that the merger would violate antitrust laws by reducing competition and raising fares. The ruling, hailed as a victory for consumers, aimed to protect Spirit's low-cost model, though it led to Spirit's subsequent financial collapse" Source: Google AI
https://www.youtube.com/watch?v=6Q9xRFmUhxk