I can only imagine this is about the POO and the unknowns around the competition but having said that why the selling pressure? remember this started way back before the divi in fact the sp drop off coincided with the rise in the POO way back in late March early April. The thing is so much has been de-risked since then - Virgin is no longer an overhang on the books from back then - hedging looks good going forward and the POO has fallen back below $50.. Jet fuel is still around $55 so the $400-$600mil projected profit is still looking solid..
No CR's anywhere on the horizon - they have plenty of cash - new airplanes to boot with the better metrics.. maybe AIZ is just to boring :/
AIZ Price at posting:
$1.80 Sentiment: Buy Disclosure: Held
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