This is easy. The brits will vote their pocket book and remain in the EU. Even if they leave it matters little to FRO as oil demand is steady and going up longer term worldwide and will peak next year due to India and other emerging market growth. Meanwhile the company is super confident and thats why they have just bought two more ships, with an opition on two more. The dividend is in no danger either as EPS is decent.
Hey the just put out a gazillion dollars for two more with an option on two more plus their new partnership. So the only issue is will they go bankrupt and if the answer is no then it's a steal at this price and yield unless you are in a hurry. Any good news from the oil crooks and it goes wild plus the divi freaks are loving it.
JBLU has great metrics and is a USA domestic NOT EU airline. People will travel no matter what and this is exactly the time you make money its called buying low and selling high, but most people will do the opposite.This is true only for companies like JBLU who are making money! When holidays happen JBLU will be packed with passengers as ussual and new routes to Cuba etc will boost sales. Did you all forget they just raised ticket prices?
Lets see the horrible lone wolf attack in Orlando, the Zika virus which is now in Florida etc etc etc. None of this has anything to do with the medium and long term growth and profitability of JBLU. Now we are at the 52 week low of the stock and Billionaires are loading up and so am I. Easy 8 points to 25+ and I hope it goes lower tomorrow to be able to buy a multi billion dollar well managed winner at huge discount.