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Overstress I guess that's why they're dropping as you're typing, down 6% at £1.21 (15.oct.08) You shouldn't trust those city slickers, look at the mess they've already made of the world economy. And your going to trust them on a punt with BA.
No i'd rather save my pennies for a more realistic punt, like the 100/1 offer at PADDY power for BA to cease trading. (merged/taken over)
I understand from the latest Willie Walsh HQ meeting that BA are losing £2 million everyday. Now at that rate of drainage,somethings going to give, that's a dead cert.
Now add that to the current possible liability of $2 billion for the cargo price fixing, which you've admitted. Plus the £2 billion for your pension deficit (sure to have widened with the current city falls) and I'm sure you start to see, things ain't all rosy down at British Airways.
Now one tip you should always remember, don't put all your eggs in one basket, working for and investing in your company is generally a no no. When or if it all goes terribly wrong, at least you won't also have a fist full of worthless junk bonds.
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