boeing strike, page-9

Perhaps Virgin could now opt out of the deal for the reason of delay. Virgin gets their money back for the planes on order and boeing can fix their back log for others. V could still launch in November but use their 737's instead, and use the E-190's for some of the shorter routes. In this current environment, they are nuts ordering more planes come this time November.

That 2.5mil dump at .31 the other day was probably an insider, he probably dumped right at the end because he thought the news was about to hit, it took afew more days to arrive, but if you heard that news, you probably would have dumped asap as well. That was writing on the wall and I mentioned that in my previous post of something to watch out for, but ofcourse the traders shrugged it off and began bidding it again at open .355

Bad news (although not that bad) at a bad time in the market (ouch).