Originally Posted by
Cappy
MCDUDU,
I was one of the first employees at VA and this was something that they did mention. The initial investors were never in it for the long-haul. I suppose they are like "angel" investors that go for the short gain and move on, never really owning anything more than two to three years.
As Robert Crandall said in a recent interview "why would I ever own an airline stock?"
The current investors have had the option to remove their cash since September of last year. I think someone is making more of this than it really is.
cappy
In other times when Wall Street was flush with cash I would say another suitor will be along shortly....but not today! Times are different and your plight may be solved in the short term but the outlook is not good.
http://industry.bnet.com/travel/1000511/report-investors-looking-to-abandon-virgin-america/
To say otherwise is just not a prudent path of thought. Although if I worked there I would feel the same...Where is that guardian angel ?