Investing: May 2007 Archives

JetBlue Opportunity

By Daniel Reese on May 11, 2007 10:12 PM

JetBlue Airways, a commercial airline providing excellent service and great prices, has been experiencing operational difficulties resulting in a string of money-losing quarters in addition to an unexpected loss of $30 million after canceling 1,200 flights due to an ice storm. The board of directors has replaced the CEO with an expert in operational management, leaving JetBlue’s founder and chairman free to focus on vision and strategy. The stock price rose 5% on the news. Everyone may sell, but only you may buy at this price.

Trading Range: $9 to $30

Today’s Price: $11

JetBlue 5 Year Stock Price History

With apologies to MSN Money Central and CashFlow Technologies.

Disclaimer: I own shares of JetBlue purchased just before the market closed on Thursday.

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This page is a archive of entries in the Investing category from May 2007.

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