Wow, that's really cheap! If it's one buck I won't vote for no
As for your angel love, it definitely will revive! With an labeled plant, you know what you are saving, that gives you motivation. With an NOID however, it's a gamble. As I have said that one reason it was not sold maybe it was not that pretty, the other maybe that it was just too expensive at first. I bought a NOID catt at a local greenhouse for 5 dollars, while all the catts sold there with flower on it are at least $40. I'm really lucky that the new growth have a sheath on it so I'll see the flower in a short time. However I'm not really expecting it to be stunning since all the ones I got an eye on were bought regardless of the high price.
From the picture of your phal, it looks more like a keiki to me but I am no expert...If it is a spike, here's what happened to my phal with an emerging spike while transplanting to S/H (I should be clear that the spike appeared after the flowering period, so it was "off-season" anyway). The spike never grew and rotted...The plant is OK though. Another interesting thing on your phal is that, I've never seen a spike growing from the crown before! But from the picture, the old cut flower spike is from the top of the growth? That is new to me...