JetBlue Latest and Greatest
On Reserve
Joined: Nov 2023
Posts: 83
Likes: 42
No, that's the difference between you and I. I made a point. A point that the oil price is higher now in the near term due to the conflict and will come back down when it's concluded which won't last forever, or even a long time. You and a few others in here were wetting your panties crying after day 2. That's fine. We all deal with situations and stress differently.
I still stand by my original point which is the high prices will not last and will return when the conflict is over. Whether its 2 weeks, 4 weeks or 8 weeks or whatever. It certainly won't be months or years in some forever war like Iraq or Afghanistan like some seem to be insinuating. If you want to strain your shoulders patting yourselves on the back because you think you have some gotcha moment, have at it sport.
I still stand by my original point which is the high prices will not last and will return when the conflict is over. Whether its 2 weeks, 4 weeks or 8 weeks or whatever. It certainly won't be months or years in some forever war like Iraq or Afghanistan like some seem to be insinuating. If you want to strain your shoulders patting yourselves on the back because you think you have some gotcha moment, have at it sport.
Line Holder
Joined: Jan 2019
Posts: 517
Likes: 29
Line Holder
Joined: Jul 2023
Posts: 295
Likes: 79
Jetforward 2: Bankruptcy Boogaloo
Line Holder
Joined: May 2012
Posts: 1,512
Likes: 61
I hope you’re right, but nobody is forecasting that except the white house. Real life says that you can’t cause this level of disruption and have things just “go back to normal,” especially as the strait closing is now a real risk scenario that shipping companies and insurers will have to add to their calculus from now on. Nevermind the infrastructure damage.
Jetforward 2: Bankruptcy Boogaloo
Jetforward 2: Bankruptcy Boogaloo
If Jetblue is getting bought I would think declaring bankruptcy would not be beneficial so although most think that’s a possibility I would imagine management would absolutely use that as a last resort. Or am I just wrong.
Line Holder
Joined: Mar 2012
Posts: 1,154
Likes: 24
Especially for the two investor BOD members who own nearly 20% of the stock. I believe that’s the reason for this push now. They want to sell before JB is forced to file CH 11 which would wipe out their investments.
Gets Weekends Off
Joined: Oct 2012
Posts: 3,247
Likes: 45
From: 190 captain and “Pro-pilot”
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