Merged: Virgin Blue Share Price - how low can it go and for how long?

[tsalta]

Hi EBT,


Sure, if they manage to change enough to escape then great. However, what concerns me is where they are taking action to exacerbate the situation, i.e. VA.

Anyone giving the results more than a cursory glance will see how they have tried to use the results delivery and presentation prose to make the results seem better than they are.

No one could foresee what is happening now financially. What was initially a great move is now going to cost dearly.

My main fear is from about mid year, the real financial pain will begin and what little profit is generated domestically will evaporate.
If that happens, then VA will be the Kryptonite necklace around VB's neck.

I look forward to being proven wrong (and that is often the case) but I believe that VB in their current form are VSF.

tsalta