VBA 0.00% 35.5¢ virgin blue holdings limited

I'm surprised there's not more chatter on the VBA forum. How...

  1. 63 Posts.
    I'm surprised there's not more chatter on the VBA forum. How things change so quickly or had they changed. The markets bounced back and VBA is a step ahead. So much positive data for VBA in the last coule of days.
    * Morgan Stanley comes out with an upgrade today
    * Employment figures solid - means a greater probability the RBA will increase interest rates and therefore adds strength to the AUD. The AUD hit a new 15 month high today at 93.6.
    *Australia's major trading partner (guess who) by several billions of dollars comes out with the fastest retail spending in 10 mths and industrial spending in 19 mths.

    Our $'s going higher, economic growth is going higher and VBA's fundamentals look pretty good. This stock is a high beta play and will head higher with the economy, market and dollar. VBA's still cheap.
 
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