BBI 0.00% $3.98 babcock & brown infrastructure group

market insanity, page-6

  1. 1,257 Posts.
    Market is wrong but regrettably is setting down the value of our portfolios in the short term. I’m not very smart but I believe that the effect of bad news on PD Ports + conversion + BBP uncertainty (which has absolutely nothing to do with BBI) + profit taking is driving the sp down. I BELIEVE that sp is going to retreat back to 7s and hopefully that will be my re-entry point. I don’t see any news coming from DBCT in the following, at least, 2 or 3 weeks which is enough time to set the price on my buying range. If I’m wrong and the sp just rocket it will be great for all holders and probably I will miss some profits because at the end of the day, any price under 80c is a bargain.

    Good luck to all!!!
 
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