Short City: Washington Post, JetBlue, NJ Resources

Posted May 6th 2009 3:30PM by Joseph Lazzaro
Filed under: Short Stories, JetBlue Airways (JBLU), Stocks to Sell

Every market is a two-sided market, and while the typical investor makes money during bullish phases, experienced investors know how to make money during bearish phases, as well. In fact, many experienced and institutional traders make more money shorting stocks than by going long.

Short these shares if you can tolerate high-risk and are an experienced investor that does not remove Buy / Stop Losses.

Washington Post Company (NYSE: WPO) The Post's education segment (Kaplan) has grown revenue nicely, but large-single digit (or worse) revenue declines in the flagship print metropolitan daily newspaper The Washington Post will continue to hurt results in F2009, and probably for longer. Buy / Stop Loss if you were to sell shares in this company: $460.

New Jersey Resources (NYSE: NJR). The company's non-regulated natural gas component is underperforming and will serve as a drag on earnings in F2009. Buy / Stop Loss: $48.

JetBlue Airways (NASDAQ: JBLU). The airline sector has at least two too many carriers, and JetBlue is making a case that it's one of them. Reduced travel will weigh on F2009 and F2010 earnings. Buy / Stop Loss: $8.80.

Disclosure: Lazzaro has no positions in stocks, but does own shares in two Pimco Bond Funds: PHDAX and PYMAX.

Tags: inthenews, JBLU, NJR, WPO