More short manipulation of $JBLU happening. Other airlines are up 2.5 to 3.5% today as oil prices continue to moderate. Not $JBLU. Strategically timed “sales” are keeping the stock under a 1% gain after it was up 3% earlier. The relative strength across the airline sector makes the divergence even more noticeable. While peers are holding onto their moves, $JBLU keeps getting pushed back whenever momentum starts building. At this point, I’m watching the tape closely to see how long this pressure can actually last.
