Thanks, Monopolize. I think VBA has got away from a lot of analysts. What I mean is that its only in the last few months that many have changed there view on VBA. Not only was there a focus on banks and resources but I think airlines are generally put in the to hard basket. I also think that many instos and analysts hold QAN for portfolio risk reasons. But I think this is changing and many are seeing VBA as an alternative. I was speaking to a quant analysts at a big global quant shop and all their buckets (ie momentum, earnings and value)have turned bullish on VBA and there is substantial upside. Certainly in their long/short fund their short QAN and long VBA. From time to time I look at the QAN Hot copper forum and there never seems to be much chatter - I wonder why.
Thanks, Monopolize. I think VBA has got away from a lot of...
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