Alex Vieira Shorted Spirit Airlines (SAVE) at $15, Doubled Down at $9 and Targeted $0.20 — Bankruptcy Verified

Executive Summary

• Asset: Spirit Airlines (SAVE)
• Initial Short: $15
• Reinforcement: doubled down at $9
• Double-Down Date: January 23, 2024
• Publication Channel: free plan / real-time signal
• Target: $0.20
• Outcome: crash and bankruptcy filing
• Status: complete trade cycle
• Verification: timestamped and independently verifiable

SAVE was shorted at $15, reinforced at $9, and carried toward a $0.20 target before Spirit Airlines collapsed into bankruptcy. The signal sequence was published before the outcome, including the January 23, 2024 double-down in the free plan.

Stage 1 — Short at $15

Spirit Airlines was shorted at $15 before the bankruptcy outcome. The bearish signal was issued while SAVE still traded as an operating airline equity, not after the collapse had already become obvious on the tape.

The $15 short established the initial thesis: equity risk was not being priced for the balance-sheet stress, liquidity pressure, and bankruptcy-level downside embedded in the setup.

Stage 2 — Double Down at $9

On January 23, 2024, the signal was reinforced at $9 through a real-time trading signal published in the free plan. Doubling down at $9 was a conviction escalation, not hindsight.

The $9 signal was not a new story after the collapse. It was a real-time double-down before the bankruptcy outcome.

The free plan publication matters because it created a timestamped record at the exact reinforcement level, before the bankruptcy filing resolved the thesis.

Stage 3 — Target $0.20

The downside target was $0.20. That target represented near-total equity impairment and reflected bankruptcy-level risk rather than a normal cyclical airline drawdown.

A $0.20 target on SAVE meant the trade was being framed around solvency, liquidity, dilution, and impairment risk. It was not a routine bearish price target.

Stage 4 — Bankruptcy Confirmation

Spirit Airlines crashed, and the bankruptcy filing confirmed the short thesis. The trade cycle resolved through the exact risk path identified by the earlier signals: balance-sheet stress, liquidity pressure, equity impairment, and bankruptcy.

The bankruptcy outcome completed the sequence from the original $15 short through the $9 double-down and the $0.20 target framework.

Complete Trade Cycle

The full cycle was price-anchored and timestamped: initial short at $15, reinforcement at $9 on January 23, 2024, target at $0.20, collapse, and bankruptcy.

This was not one bearish headline. It was a complete short cycle from $15 to bankruptcy.

The sequence is presented as a documented trade cycle, not a post-collapse narrative. The key points were published before the bankruptcy outcome.

Why This Case Matters

Airlines are often defended as recovery trades because investors anchor to route networks, travel demand, and the possibility of refinancing. The algorithm rejected that recovery narrative in SAVE.

Price structure and solvency risk were aligned. The short at $15 identified the risk early, the $9 double-down showed conviction while the equity still traded above the target, and the free-plan publication created an audit trail before bankruptcy.

Trade Summary

• Short: $15
• Double Down: $9
• Date: Jan 23, 2024
• Target: $0.20
• Outcome: bankruptcy
• Status: completed

Verification

The initial short was published before bankruptcy. The $9 double-down was published in real time on the free plan. The $0.20 target was public. Video evidence is embedded above, the source insight is linked below, and the sequence is independently auditable.

• Alex Vieira Shorted Spirit Airlines at $15. Doubled Down at $9. Target $0.20. Now Bankrupt.
• Video reference

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Disclaimer

This content is provided for educational and informational purposes only.

Trading signals shown represent historical, documented outcomes and are not guarantees of future performance.

All trading involves substantial risk. Past performance does not indicate future results.

Conduct independent research and consider your risk tolerance before making investment decisions.