Why would F9
stock (FRNT) be worth zip?
The airline reported a profit for the fiancial year, one of the very few airlines to do so.
This coming year? They told Congress that - because of the high price of oil - profit/loss this year is "too close too call."
They have good money in the bank, their revenue passenger miles are increasing every month, and they are in high growth mode.
The stock never fell below about $8.50 even at the worst of the oil price days, and has since rebounded to about $9.70.