greedygekko, not meaning to sound like an idiot, but i think there was ample time for ppl to sell out of their positions in babcock, i mean, it fell from $32 or so down to 15c... You say insiders knew there was trouble... well yes, they probably did, but we as investors must see trouble brewing when the share price continues to plummet.. One of the huge signs to get out was when babcock fell to around $7 on hedge funds selling down so that BNB market cap fell below that of threshold level...
but i am sorry to those who have lost
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babcock & brown limited
$350k lost, page-13
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