Canada Jetlines (CVE:JET) Stages Big Bounce On Apparent Short Covering
Canada Jetlines Ltd (CVE:JET) (OTCMKTS:JETMF) finally caught a tailwind yesterday, after crash-landing four sessions prior. Shares of the would-be low cost airline carrier gained 23.61% after losing half their value following March 14 news that it wouldn’t meet its June start-up goal as previously expected. Although investors will be relieved the hemorrhaging has abated, there may be reason to believe …
Original article: Canada Jetlines (CVE:JET) Stages Big Bounce On Apparent Short Covering
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Source: https://www.midasletter.com/2018/03/canada-jetlines-stages-big-bounce-on-apparent-short-covering/
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