Opened up a position on JBLU

Discussion in 'Stocks' started by retaildaytrader, Apr 1, 2010.

  1. I opened up a position on JBLU this morning. The thing that has been keeping the JBLU stock from running is tarmac delay fines. My sources indicate the FAA is going to be giving JBLU an exemption for such tarmac delay fines.

    The airline sector has been up, but JBLU has been depressed. It is one of the most profitable airlines around and the stock has been held back by the tarmac delay fines that are upcoming.

    Knowing what I know, I have complete confidence the FAA will be giving JBLU an exemption...