Did $JBLU just bottom?
The 2011 low was $3.42 and the the $JBLU hit a low of $3.42 on the 30th of October and has bounced very well since, reaching $4.47 yesterday in 1 one week.
$JBLU also ran from $3.42 to $27 in 2011 to 2015.
Airline stocks are cyclical and go through extreme highs and lows.....it is up to you whether or not you are willing to buy and wait a number of years to reap the rewards.