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Old 29th Oct 2011, 17:39
  #64 (permalink)  
NephewBob
 
Join Date: Oct 2006
Location: Philippines
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"It's our airline"???

Yes, if you believe in socialism....not really if you believe in private property.

Alternatively would you like the Federal government (taxpayer) to buy all the outstanding (relatively cheap at the moment) shares? That has not worked, (socialism, or taxpayer bailouts) ever in history by the way.

Actually, the owners of Qantas are the shareholders, so it is not really your airline, and they are the ones risking their savings for profit or loss. Would you like to buy some stock in the company? Feel free, you are only one computer click away from being an owner.

Who did TWA or the Iconic Pan American world airways belong to? (and many others....ad infititum)

Of course nowadays Obama would probably say the unions using GM & Chrysler as an example.

Anyway, the future of Qantas & stakeholders (& shareholders)? I would go long on the stock, about late next week, could be the bottom. (I don't own any Shares, QAN.AX on NYE) as of today)

When I was a youngster......I did not always believe that history would repeat itself....now that I am older, I am not so sure.

"History does not always repeat, but it often rhymes"
-Mark Twain
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