$JBLU
Added 2025-04-14 12:28:22 +0000 UTCThis is certainly a high risk play but $JBLU as it is touching on its 2009 GFC low level at $3's.
A brand as strong as $JBLU at this level is quite remarkable, yes there has been weak management over the last few years and their acquisition of Spirit has knocked them back but I think their assets and price of slots that they own at JFK and Logan airport far outweigh their market cap right now at $1.3 Billion.
I will be watching for a hold of support here
And not against a very small position with the potential reward on offer here if the market does turn around and a return to at least $6.
