BBI 0.00% $3.98 babcock & brown infrastructure group

cornerstone investor and their possible role, page-8

  1. 14,880 Posts.
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    My broker said the CFO should join pokerstars.net LOL

    Let's see the detail first. There are many permutations.
    Any recapitalization has to be a win win in the long run, whether it's BBI, BBN010, BBN020 or BEPPA.
    If there is a nice sweet offer coming for BEPPA, there should be an investigation into the BEPPA trading over the last month. One particular broker has continually bought any big lines of stock that have come up for sale despite the fact BBI was weakening. Why? That is the question I guess we will find out by Friday.
    Of course if I knew this recapitalisation was coming I would not have sold any BEPPA but I am not privy to the good oil. I make decisions based on public announcements and my experience.
    Maybe I will get creamed on the short position in BBI? If so, I will have to sell some BEPPAs at higher prices to pay for the short loss. Maybe I was very lucky this trading halt was announced, otherwise I would have sold more BEPPAs today and tomorrow?
    I await the news like everyone else.
    All speculation until we see the details.
 
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