Should one buy Virgin Blue shares?

Question

Should one buy Virgin Blue shares?

Answer 1

If they are cheap, available or you can afford them then yes. Why not?

Answer 2

It's a bear market

Answer 3

It's depend on what is your investment time frame.

Airline share generally corrolated with the price of oil, if the price of oil is going up, the airline stock will come down.

from the chart the stock has bottom out around $0.50 and the price is currently around $0.80 there may be some correction soon, but if you want to keep it for long term is ok, just manage your position with stop loss.

Hope it helps and good luck.

Cheers