Originally Posted by
Rightseat Ballast
I think Xjt stock has been held back in recent days because of the negative publicity surrounding the Rochester fiasco. They posted decent financials, and have been keeping their ship upright through this economic mess. Also, the company has been making financial moves to improve the stregth and value of the stock. As soon as blame was diverted away from Xjt, the stock price surged to reflect the recent good news. It just did it all in one day. It would have been a more steady climb, similar to Rjet stock, had it not been for the Rochester mess.
Investors don't give a crap about these kinds of stories.