Smoother ride tipped for Virgin
Abstracted from The Australian
Analysts warned of further downgrades in the Australian aviation sector on 4 November 2008. JPMorgan's Russell Crichton-Browne and Matt Crowe said the domestic aviation market was likely to outperform global markets in the coming months, although they said Qantas Airways was at "considerable risk" of consensus downgrades. Crichton-Brown and Crowe said Virgin Blue was "better positioned" to benefit from the slowing economy and falling Australian dollar
Distributed by News Bites. Copyright 2008 LexisNexis Australia. All Rights Reserved
http://www.businessspectator.com.au/bs.nsf/Article/Smoother-ride-tipped-for-Virgin-L3UK5?OpenDocument
I brought into the original offer and sold out at a loss not long after, but at these prices I'm back with a lot larger holding than previously. Like they say make hay when the sun shines.
Smoother ride tipped for VirginAbstracted from The...
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