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John_Vallay

09/06/23 8:31 PM

#1910 RE: PennyWorld #1909

I do not know where the stock will be 1-month from now, none the less 6-months from now, but the balance sheet, cash flow and pro forma earnings per share tell me that $6.00 a share is undervalued.

I am not thinking $10 or any price right now, I am just hopeful the sell-side is out. What I really mean is that I hope all the current shareholders that wanted to sell are out, and I hope that the shorts had to cover so they are out (and made their money) so now LONG investors can come in and make money on JBLU.

If I am wrong, it wont be the first time I am wrong, but it doesn't happen that often.