Jet Blue had the second biggest drop in my portfolio this month, dropping over 10 points. Talk about a tough crowd! After the CEO David Neeleman apologized to customer stranded over the holiday weekend, investors sold off.
No wonder why CEOs and politicians do not apologize! What is the point? I wrote a letter to Jet Blue, and explained that as a customer AND a stockholder, I was behind them all the way. My only complaint? They do not fly to Europe. At least this airline apologized to its customers!
My other big drop was with Flamel Technologies. They are so volatile I do not even pay attention.
USANA went big, up almost 15 points. Probably from the refill in products I needed last month. Garmin is up almost 13 points. Not bad, considering I still haven’t purchased anything from them yet!
Blackboard and McAfee are out of the negative. Hopefully both will stay to the right side of the zero!