JetBlue Latest and Greatest
04-29-2022, 10:54 AM
SDQ Base Chief
Joined APC: Mar 2006
Position: 320 CA
Posts: 5,643
That is really what you have to ask yourself. With JBLU cutting back their schedule and sustained $100 barrel oil, while they overextend themselves with debt to buy Spirit, I think the answer is yes, it can get worse. They don't seem to be turning the ship around, with increased demand they can't service. I'd say the bottom would be somewhere around $6-8, around the covid dip.
Also there’s a gap at $9.65-$9.72 if you believe in that type of astrology
04-29-2022, 12:56 PM
Gets Weekends Off
Joined APC: Aug 2007
Posts: 2,005
I did very well exactly two years ago holding onto it when….you know….90% of our business evaporated overnight. That’s just me though. If I knew exactly what was going to happen I’d be retired by now!
04-29-2022, 05:56 PM
Gets Weekends Off
Joined APC: Nov 2008
Position: I can fly.....I'm a pilot
Posts: 442
04-29-2022, 06:15 PM
Gets Weekends Off
Joined APC: Jul 2011
Posts: 466
04-30-2022, 02:21 AM
Gets Weekends Off
Joined APC: Nov 2008
Position: I can fly.....I'm a pilot
Posts: 442
Well poop. I figured it would be based on the 29ths closing price since the shares were not in my account until after close on the 29th. Oh well
04-30-2022, 07:23 AM
Gets Weekends Off
Joined APC: Oct 2019
Posts: 994
04-30-2022, 11:34 AM
Gets Weekends Off
Joined APC: Nov 2008
Position: I can fly.....I'm a pilot
Posts: 442
I’m going to sell. I always sell though. Basically I treat it as a 6 months savings account then I toss the money I make off of the trade into FZROX and the amount I put in just goes back into our checking/savings.
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