Interesting how the media handled the double talk from Qantas about its investment downgrade.
The Oz seems to bend over and take it.
Qantas rating hit by financial turbulence | The Australian
Plane Talking takes it to Qantas but says Virgin Blue's turn is coming.
Qantas Moodys the waters as shares sink deeper - Plane Talking
Business Spectator gives a fuller explanation here;
Business Spectator - Qantas' ratings cut on debt, profit fears; shares fall 4%
For my money, and I'm sitting on a loss on QAN and a loss on VBA, I think I'll just keep them in a drawer full of little horrors and hope that things get better in time for them being worth cashing by the grand children when they bury me down by the dam where the working dogs lie.