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Tony Rago

Bloomington, IN

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Stock Pick by Tony Rago

JBLU: Good short play

Start trading JBLU with real money!

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3 ratings
Posted 3345 days ago on 5/29/08

JBLU will go DOWN
$3.75 on 6/29/08
$22.22 (443.94% 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.

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