BNB babcock & brown limited

not good news, page-16

  1. 5,778 Posts.
    I will give my actual purchases to make it easier to explain

    Got 100,000 at 16c late December sold half of those today at 45

    bought back the 50,000 at 38 today

    bought another 50,000 at 33 today

    So my avergae right now is 29c

    (I can afford them to go to 20 and still break even)

    My plan for tomorrow. Sell the early when they recover .... then wait

    Most announcements these days no matter whats in them drive the price down.

    There you go... thats it in a nut shell

 
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