Jenny, those reports by JP Morgan and UBS were a very silly and...

Jenny, those reports by JP Morgan and UBS were a very silly and transparent attempt to prolong the shorting surge on VBA. VBA has stopped diving the last three days because the projections from JP Morgan were plainly silly.
They said IF oil prices stayed really high for ever and IF there were no airfare price rises ever, then after about 4 years Virgin Blue would run out of money.
JP Morgan have "clarified" this silly forecast today.
I think this is probably quite a reasonable time to buy VBA. It is quite cheap.