-All Airlines have been sold off due to fear of falling consumer confidence 1- In my opinion VBA is definetly oversold, it might go slightly lower if the DOW goes down, but with Europe putting a ban on short selling,the markets may stabilize once negotiations are finalised. you might miss the boat if u don't take a stake at some point in the 0.220 - o.250cent+ mark,
-last yr Paradice Investment Management had taken a stakearound this time & I would'nt be surprised if they have already started accumulating, bcoz obviously some one else is buying all these huge volumes that have gone through recently.
-results of VBA will be out on 23rd & Qan following on 24th, with Qan planning to axe certain routes, stikes looming around & Tiger struggling to fill seats & regain confidence, VBa should start to move back up,
-With Volatility in Financial Markets, BHP Billiton chairman Jac Nasser would like to see the government take a go-slow approach to introducing the carbon tax.
Europe takes aim at short-selling http://au.finance.yahoo.com/news/Europe-takes-aim-short-aap-3986924754.html?x=0
