BNB babcock & brown limited

bnbg - looking to the future..., page-22

  1. 2,632 Posts.
    SM,

    Despite your nic, Statistics are not your strong point.

    "if I buy BNBGs at $5 and I believe that the probability that I get anywhere between $5 and $100 is greater than 50%"

    Where do you pluck the magic figure 50% from ? Wishful thinking ? Clutching at straws ? Denial of the facts ?

    However, you have to ask yourself - what is the MOST LIKELY outcome ?

    I think the most likely outcome is $0.
    I think the chance of any return from BNBG is more like 1%.


    Sm, Enumerate et al,
    You can "invest" in BNBG if you want. You can have a big slice of BNBG cake and eat as much as you want. You can "believe" in a 50% probability of return >$5, Just dont try to convince anyone else that its a good investment because as an investment it stinks. And not that anyone should believe anything that's written on HC, especially about BNB, but some people might, and do their dough.

    Yes BNB might come good. Yes BNBG holders might get interest/dividends payments again one day. Yes the global recession might end next week.

    But is it likely ? what is MOST likely ?


    And for your reading assignment, I suggest you look up the meaning of the word dilution.

 
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