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Author: dalefromvail One star, 50 posts CAPS All Star Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 580  
Subject: Re: Well, you warned me Date: 4/12/2008 12:15 AM
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There was a term I heard once called a dead cat bounce. (even a cat bounces when it hits the pavement) I may be buying in on that. Frontier stockholders may be dead but a lot of things can happen. The bankruptcy judge can allow a new stock sale or bond financing, wipe out debtors, including stock holders. Change union contracts, change airport gate contracts. Frontier definitly gets time and their money from their credit card processor. Frontier can sell the company, sell assets, renogiate all their deals. It appears everyone sold their shares today with 35 million shares changing hands. (normal is 270,000 shares) Someone else is buying all those shares. I now own 10,000 shares of paper that a judge can call worthless. My .42 cent buy was worth $.60 later in the day! Lets see what happens in the upcoming weeks. Your reference to the Frontier notice to shareholders is linked at:

http://www.frontierairlines.com/restructure/

I pity the people that bought shares at $10 or $6 and held them. I'll take my chances. We still own the company. The creditors get first dibs on our assets if Frontier can't find an acceptable business plan. I have to believe Frontier is not done fighting. They could have just quit.

Dale
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