maybe but I know markets.
Bad news all priced in.
Refinancing complete.
30% short interest cant tolerate any good news without a big kick.
Today will be a great day for longs. Shorts had theirs yesterday.
This company manages over $80b in quality I/F assets thats a lot of fees people to meet interest payments!!
Expect Babcock to retaliate today with reassurance of financing at only a slight cost increase, funding oversubscription and EPS guidance affirmation.
Its not LEH, its not AFG, its not Centro, or other doomsday scenarios.
Watch...and thank me after all the abuse ill cop.
BNB
babcock & brown limited
stock will be up today, page-3
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