Tuesday, May 18, 2010

Jazz Air Confuses Investors

Jazz Air (JAZ.UN.T) the supposed front guy for Air Canada (AC.A.T) stunk up the joint with disappointing earnings and reduced disclosure about operations. Investors are disappointed that management will no longer provide key metrics. Management for some reason needs to confuse the marketplace. The share price dropped.

Will Air Canada take over Jazz at a reduced price? Will Jazz buy itself out and convert to a corporate style? Shareholders should be ultra suspicious. Airlines are wounded animals and can turn on anyone and anything.

Disclosure: No position in this stock