BNB babcock & brown limited

woof woof, page-19

  1. 2,473 Posts.
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    sushi,

    i brought my first holding in BNB in the August 07 shakeout and sold them all at $29 only to watch them go back to $32!!

    i started buying this time around at $21 and brought all the way down to $12. i sold out 50% of the holding at $16.50 and again brought the 50% back starting from below $13 and brought more today.

    all i know is that companies like BNB are used by shorters to make money because they can move the price.

    when we see the US start to put on some gains watch what happens to BNB and MQG. the shorters will be getting out fast, they must be think around these prices that there isnt much room left to short!!
 
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