buy-this will be an easy dollar or two reversal. There are some deep deep pockets keeping it at these price levels. They will not let it return to pre-Delta-deal prices (low 50's)until they take their profits. Smells like a stock-split in the offing to me... ala Jet Blue when it reached absurd levels.
When looking at the chart of LCC, given recent events, oil, etc., it looks like the stock is poised for a downward dive. Why would the big money reveal its hand in the media thus(unless it had to) if they were not short?