With Tiger Airways moving into the domestic market I predict...

With Tiger Airways moving into the domestic market I predict that Virgin Blue will be the hardest hit of the airlines with the impending price war. While VBA may well bring out good numbers for end of financial year when they report, it's the forward outlook that really counts. I would not be suprised to see a downgrade on previous profit guidance later in the year. It would also not be a suprised to see some brokers putting a sell on VBA also due to increased competition and erosion of rofits. For the record I have shorted 300k at $2.44. I really hope I get this one correct but I can't give a good reason why VBA will rise. The bias has to be on the downside. Additional comments are most welcome