PPRuNe Forums - View Single Post - Merged: Virgin Blue Share Price - how low can it go and for how long?
Old 17th Dec 2008, 23:28
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Jack Flash
 
Join Date: Nov 2002
Location: Queensland
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Well said Section 28. Your comments re the tip of the iceberg are absolutely spot on. Mine closures and job losses are certainly going to increase as only the most efficient ones are going to survive... and we are seeing this happening right now. This is also true for the airline industry, as too Fat QF and too lean JQ and DJ will also see cut backs as this very vulnerable country of ours starts to feel the repercussions of Americas stupidity. Buy shares now ??? you would have to be a very brave man ... sit a while .. on both hands if necessary .. and watch with interest !! As section 28 has not quite finished yet.
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