Jet Airways good for short term traders

Mehraboon Irani of Darashaw & Company feels that Jet Airways is good for short term traders but not for investment angle.
Irani told CNBC-TV18, "Everybody is unanimous of the view that airline is not their cup of tea; nobody would like to take a shot at airline stocks. But these types of stocks are the stocks, which have been hammered so badly, and the stocks, which are good for short-term traders. So from an investment angle definitely I agree with everybody, I am with everyone this is not a stock to be looked at. But I think bounce of another maybe Rs 100-150; I am not ruling it out."
16/06/06 Moneycontrol.com

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