BNB babcock & brown limited

sinking feeling

  1. wintonstock
    122 Posts.
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    09/01/08
    13:58
    Post #: 3225672
    Price sinking on the back of bad news from the states.
    Obviously through exposure to US assets and maybe some indirect hits from subprime fiasco.

    Looking at charts from last 3 months, stock trending down with lower highs and lower lows.

    A shorters dream run at the moment. Predicting it will close lower until the end of the week unless things improve in the US.

    Can anyone predict bottom?
    BNB Price at posting: 0.0¢ Sentiment: Hold Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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