BNB babcock & brown limited

dow down by 678points at 8579, page-7

  1. 322 Posts.
    Karen,
    I don't think that Bush speech will make a big difference on markets tonight. I believe we're approaching to the point of absolute panic and then we'll have a rebound (not that aggressive) and the market will tend to stabilize. Not sure how low can we go, obviously not below than zero, but probably something in between 0 and 4000 :). After that, is just a matter of time. In my opinion, selling is a BAD decision, therefore the pressure shouldn't be on the selling side but the rational has long been forgotten lately...
    For this particular stock, I'm a strong supporter of BNB, I truly believe that there's underlying value on this one and I'm trying to increase my position in a "smart" way, but at this stage I'm not sure what smart means in this context.

 
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