Long
SAVE - Going to $0 or $15+
Just publishing this so I can (hopefully) look back at it when I'm a millionaire. This stock is trading at less than 1/3 book value, previous merger offer was for over $30/share, and not much has changed from a financial perspective. They're burning cash, but they're also closing and opening new routes, doing a whole new ticket package and brand marketing revamp, creating a new airline credit card, etc. I just don't see them filing for bankruptcy, but I could be wrong. Looking for headlines news about a merger or anything other than bad news to send this to the $5-20 range.
Note
Thesis still intact. Merger rumors circulating, each dollar the stock gains, the less likely bankruptcy is. Looking for $5-20 still, with a guess of about $14. 
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.