jetblue reports small profit, loss for year

[satpak77]

It's called "Value Investing". Why in God's name would you buy a stock AFTER it's already appreciated? Oh that right, if it's already gone up, there's no way it can go down. Try buying stocks in good companies after they're on sale.

BTW, your Enron example holds no water. Remember value investing stipulates you only buy stock in GOOD companies. I'd highly recommend you read The Intelligent Investor by Benjamin Graham. Another must-read is Security Analysis by Graham and David Dodd.

Bob

Enron was #7 on the SP 500 while its stock was going down. Various analysts and "experts" claimed Enron was a "good company" to invest in, even as the stock tanked.

The price is always right.