VBA virgin blue holdings limited

IMO. she does now spin into short term trader's radars atm but I...

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    IMO. she does now spin into short term trader's radars atm but I suggest most will wait for a really bad day.

    That being said, with their oil price, they have incredibly low margins; this coupled with plunging consumer sentiment (discretionary spending) drags her even further down.

    VBA is about to sack approx. 400 employees - look at QAN and even more so, Tiger Airlines - its a terrifying business in recessionary times.

    They are very vulnerable to a takeover hence possible speculation and potentially, wild short term volatility.

    Fiscally, they are in enormous trouble even though they state they will not raise capital; typically, the Branson brand would rather mortgage aircraft than go down that path it seems.

    I am keeping an eye on her.
 
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