JBLU will go DOWN
$3.75 on 6/29/08
$21.34 (422.40% from time of market call)
As all of the airlines are being hit hard with soaring crude oil prices, Jetblue will fall even harder. After announcing a delay in the addition of 21 Airbuses to its fleet, the stock toppled to an all-time low. It will be a good short play as long as oil prices remain high.