VBA virgin blue holdings limited
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friday - a short covering rally?

  1. Matteomc
    966 Posts.
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    21/12/08
    07:51
    Post #: 4627244
    I think I have the question from my previous post answered i.e what's in it for the shorters? The Delta news was out - Delta had already published it on the GDS for sale by travel agencies so I reckon there were a few short bets placed early in the week - knocking the price down to 25c and then the Delta news comes out and it jumps to 30c on high volume....short covering rally?



    VBA Price at posting: 24.9¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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