SAVE - Dave Portnoy Touts 'Davey Day Trader' Comeback With $600K Gainer 'Mega Buy' Call | Benzinga
Barstool Sports founder Dave Portnoy recently announced he was purchasing shares of Spirit Airlines Inc (NYSE: SAVE) after the company’s merger with JetBlue (NASDAQ: JBLU) fell through and Spirit’s stock fell more than 50%.
A minute after Portnoy announced his buy, Spirit announced that it was refinancing its debt, and the stock dropped another 25%.
Undeterred, Portnoy upgraded the Spirit’s stock to a "mega buy” when it sold off to around $4 a share. Since then, the stock has bounced back and is trading around $7 a share as of Friday ...