I hold stock in Virgin and am also bullish about this company.
I am currently deployed in the Solomon Islands and just heard that this afternoon's flight from Honiara to Brisbane just got cancelled. It was late arriving today due to technical issues. Seemingly passengers were on the plane with the engines running for over an hour just sitting on the tarmac.
There are only 2 Virgin flights per week here and most people like to fly Virgin because they are the more reliable of the 2 airlines (the other is Somlomon Airlines).
The cancelling of this flight won't help in the publicity arena but as I'm telling the cancelled passengers, I'd rather they fix the plane BEFORE they take off.
I will continue to hold this stock until they go below their 17 day moving average...hopefully I'll continue to be a shareholder for a while!
VBA Price at posting:
46.5¢ Sentiment: ST Buy Disclosure: Held
