Virgin is going under. The writing is on the wall. Buffet came out and said if this virus continues,
airline industries will cease to exist as we know it, and virgin won’t be backed by government that has been made clear, it is airlines like
This that won’t be around. Too much risk to hold at the moment, money can be allocated to better sectors for much better risk reward. Virgin is as safe as a penny stock at the moment, There is a good chance it just won’t work.
VAH Price at posting:
8.6¢ Sentiment: None Disclosure: Not Held
