God someone really hates this stock. we should be flying bewteen this and the great report.
JPMorgan analyst upgrades JetBlue to 'Buy' Thursday October 23, 3:13 pm ET Analyst upgrades JetBlue to 'Buy,' citing growth potential and improving fundamentals
NEW YORK (AP) -- A JPMorgan analyst upgraded shares of JetBlue Airways Corp. to "Overweight" from "Neutral" Thursday, saying the stock is poised to grow as the carrier improves its liquidity and other fundamentals. Analyst Jaime Baker also suggested the stock is undervalued compared to its peers.
"JetBlue remains one of the least-liked large jet operators, and has materially lagged the sector's recent sprint to the upside," he wrote in a client note. "We suggest investors focus on this laggard."
Earlier Thursday, JetBlue said it swung to a third-quarter loss, but still topped Wall Street's expectations, as flat passenger demand was somewhat offset by cost cuts and reduced fuel prices.
Amid a broader market sell-off, JetBlue shares fell 16 cents, or 3.2 percent, to $4.85 in afternoon trading.
When they upgrade it means sell stupid! You must be a certified amatuer....they is no good news in the analyst report.....somebody wants to unload so they are upgrading you jackazzzzzz.....Warren Buffet once said that if you are a billionaire and want to become a millionaire they buy airline stocks.....you are one stupid moron!
I agree with you on that, someone hates this stock. I like the company, but this is starting to get ridiculous when you consider the large moves up that the other airlines have had, many losing hundreds of millions of dollars last quarter! Really it has to be a matter of time before this thing starts to get noticed. it wont take much to push it up with our typical volume.