JetBlue defers delivery on 31 A320s

[clickclickboom]

http://www.break.com/index/shrimp-running-on-treadmill.html

after watching clickboom's tyson quotes found this one and thought every one else would like it too.... just strange.

This week on E true hollywood story.. A shrimp runs on a treadmill the life story of mike tyson..

Yep that pretty much sums up his intelligence level

 

[waveflyer]

I know, those SWA guys are faultless for starting the LCC model that created the only airline that will survive, and it's all Jetblue's fault! Damn our founding fathers for even dreaming of capitalism where strong men can stand on their own accomplishments! We need what we have today! A bunch of old men who feel entitled to a socialistic establishment even though technology and their own greed has created a hugh pool of overqualified young pilots with thousands of hours of jet PIC who could (and would) take their jobs in a heartbeat. Stupid Jetblue.

that's some good sarcasm right there.
and right on.
you don't like guys taking jobs at these wages- then stop selling them out and get the RJ's back on the property--

 

[Andy]

Geesh, you'd think this financing is going to trash the stock by itself. No way! This is the best method available to repay existing bondholders $175M they have the option of forcing a repurchase on 7/15/08. Will the stock receive downward pressure for the 45 days they lend 45M shares to Morgan Stanley? - Yes - but once that is overwith, the stock reverts back to Jetblue. 7/15 is the cutoff, as the shares are returned to JBLU. JBLU stock presently has a $6. book value with all the cash they have.

Dude, you need to stick to mutual funds. JBLU stock is more likely to reach $1 before $10 - and I'm being generous. As for your estimate of $6/sh, I would suggest that's 'accountant retail value' (accountants are only slightly higher on slime scale than lawyers). Sales of assets in a distress sale will garner significantly less.
According to JBLU's last 10Q, they had $1.247B of debt due for the balance of 2008. Traditionally, JBLU's rolled over short term debt. However, the credit markets have pretty much seized up, so I would be willing to wager that JBLU's burned through a significant chunk of Lufthansa's $300M investment. Funny, LH bought JBLU stock at $7.27/sh in Dec 07.
If JBLU was in any kind of decent shape, they wouldn't be doing this 'innovative' death spiral financing. Lending shares so that the financier can short the stock? Talk about F'd up. Man, it's amazing how many joe 6pack sheeple will view this as a good deal. Reminds me of the guy in my old squadron who wanted to buy stock in a company that had declared ch 11 because it was cheap - NO, it was expensive; paying even a penny a share is a losing proposition.

 

[lowecur]

Dude, you need to stick to mutual funds. Dude! Dude! JBLU stock is more likely to reach $1 before $10 - and I'm being generous. You are truly a legend in your own mind. A really impotent dude! As for your estimate of $6/sh, I would suggest that's 'accountant retail value' You would suggest that it's accounting retail value? I thought I suggested that was the cash value of the stock?(accountants are only slightly higher on slime scale than lawyers). No, an FO who is only wet behind the ears in investing is at the top of the list. Sales of assets in a distress sale will garner significantly less. And when is that going to happen all knowing one? I would suggest you will be working for $30,000 salary at a discount broker before that happens.
According to JBLU's last 10Q, they had $1.247B of debt due for the balance of 2008. Traditionally, JBLU's rolled over short term debt. However, the credit markets have pretty much seized up, so I would be willing to wager that JBLU's burned through a significant chunk of Lufthansa's $300M investment. And? Funny, LH bought JBLU stock at $7.27/sh in Dec 07. And? Andy?
If JBLU was in any kind of decent shape, they wouldn't be doing this 'innovative' death spiral financing. You call it what you like Andy Panda, but Jetblue will be in the airline business much longer than you will, and many of the legacys. Perhaps, you should send your resume to them and see if they will hire you as the assistant to the assistant to the assistant to the CFO. I'm sure that may pay more than the $30,000 you'll get at E-trade....although not much! Lending shares so that the financier can short the stock? Talk about F'd up. Man, it's amazing how many joe 6pack sheeple will view this as a good deal. Reminds me of the guy in my old squadron are you a WAC? who wanted to buy stock in a company that had declared ch 11 because it was cheap - NO, it was expensive; paying even a penny a share is a losing proposition.

Thanks for the lesson in investing Andy Panda. Now when you reach my ripe old age of 60, and you've socked away enough money to buy and sell you 1000 times, then I'll listen. Now run along you twerp, and go drill a few glory holes in the restroom at SFO, and I'm sure someone will be by to fill them for you.

imp:​

 

[StopNTSing]

Thanks for the lesson in investing Andy Panda. Now when you reach my ripe old age of 60, and you've socked away enough money to buy and sell you 1000 times, then I'll listen. Now run along you twerp, and go drill a few glory holes in the restroom at SFO, and I'm sure someone will be by to fill them for you.

imp:​

Game, Set, and Match....Andy. :smash:

Is that really the best you could come up with, Lowecur?

 

[clickclickboom]

Now run along you twerp, and go drill a few glory holes in the restroom at SFO, and I'm sure someone will be by to fill them for you.

imp:​

I'm Sorry I had just to see that one more time!!!


http://www.origin-studio.com/d/360-6/GloryHole.jpg

 

[lowecur]

Game, Set, and Match....Andy. :smash:

Is that really the best you could come up with, Lowecur?

You have alot more pull than I thought, getting Gary to go back into SFO to meet your buddy Andy.

imp:​

 

[Andy]

Thanks for the lesson in investing Andy Panda. Now when you reach my ripe old age of 60, and you've socked away enough money to buy and sell you 1000 times, then I'll listen. Now run along you twerp, and go drill a few glory holes in the restroom at SFO, and I'm sure someone will be by to fill them for you.

For a 60 year old, you are a novice at financial analysis. Your ignorance is overshadowed by your hubris; a lethal combination for an investor. But then again, you're not an investor; you're a gambler. Big difference. Rather than indepth analysis, you rely on hunches.


Guys like you make investing easy for me; PT Barnum was spot on. I make a lot of money off of uniformed 'investors.'
Stick with the Jim Cramer school of investing; I prefer to take my lessons from Benjamin Graham and Jesse Livermore.

JBLU's a short to zero. Give it 12 months. And for those wishing to short JBLU, it's a less than $5 stock. Many brokerages won't allow you to short them; interactivebrokers.com will allow you to short it. I'd wait to see how the stock does in the short term, should oil continue to fall (I would expect oil to drop closer to $100, as there's currently excess production of ~600K barrels per day worldwide).
A safer play would be to buy put options on the stock with decently long dated strikes. Buying in the money strikes cuts down on IV. The Jan 09 $5 strikes, VYOMA, look like a decent play here.
I'm not currently playing shorts on airlines, as I'm short financials; I want to see oil take a decent dip, likely resulting in a dead cat bounce on airlines before shorting the airlines. And there are better shorts than JBLU.

 

[lowecur]

For a 60 year old, you are a novice at financial analysis. OK Your ignorance is overshadowed by your hubris; a lethal combination for an investor. But then again, you're not an investor; you're a gambler. Actually, I only have 10% of my investments in the stock market....so you're wrong on that hunch. Big difference. Rather than indepth analysis, you rely on hunches. As you age in the next 20 yrs, you will learn that reading a financial statement is no guaranty of success. There are too many variables in the world of investing to be that naive.

Guys like you make investing easy for me; PT Barnum was spot on. I make a lot of money off of uniformed 'investors.' You mean while I'm going long, you're going short? This type of investing needs to be stopped, and I've just written my Congressman.
Stick with the Jim Cramer school of investing; I prefer to take my lessons from Benjamin Graham and Jesse Livermore.

JBLU's a short to zero. Give it 12 months. Must be that death spiral deal, huh? I'll take that bet, and be back to discus it with you in 12. And for those wishing to short JBLU, it's a less than $5 stock. Many brokerages won't allow you to short them; interactivebrokers.com will allow you to short it. I'd wait to see how the stock does in the short term, should oil continue to fall (I would expect oil to drop closer to $100, as there's currently excess production of ~600K barrels per day worldwide).
A safer play would be to buy put options on the stock with decently long dated strikes. Buying in the money strikes cuts down on IV. The Jan 09 $5 strikes, VYOMA, look like a decent play here.
I'm not currently playing shorts on airlines, as I'm short financials; Don't have enough money? I'd lend you some, but my money's tied up in the restroom repair business. I want to see oil take a decent dip, likely resulting in a dead cat bounce on airlines before shorting the airlines. And there are better shorts than JBLU.

Next time I'm in SFO, let's do lunch. I'll have my people call your people. You can teach me more about hysteria investing.

imp:​

 

[bizicmo]

Andy how much longer do you expect you will be shorting financials. I am thinking many are near the bottom now. I guess I'm asking how much lower do you think they will go before they turn around.