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Delta Air Lines, Inc. Message Board

  • mcj96 mcj96 Jul 30, 2012 12:03 PM Flag

    JBLU's Sept 6 Call activity says AMR will likely acquire it

    There are currently 28x more Sept 6 Calls for JBLU than Puts(15,342 vs 536) Here's the link: Furthermore, JBLU currently sells for a very undervalued .86/book vs 3.61x for LCC(Yahoo data). AMR IMO wants to avoid the problems of a big merger,as DAL & UAL are currently experiencing. What is JBLU worth to AMR in a nearterm buyout ? Approximately 1.5x book($6.36/sh) or roughly $9.50/sh. Good luck to all.

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