I believe someone made a claim that it wont hit below $1.
They were willing to wager on it.
I am willing to put $10,000 that will hit below $1 : )
I am still on my word that it will get real close to the 52week low before it rebounds.
PEOPLE dont FORGET the number of factor right now is the talk of "R" word & "D" word.
If USA goes into "R", then it will be a lot less goods from China, i.e. China will produce a lot less and thus needs a lot less raw materials from Australia. Can anyone see through that.
A good sign is that GE has agreed to offer 1% interest loans to car dealers to prop up the car industry.
I believe the US government should stop giving hand outs creating a band aid, and instead lets the wound heal in its natural time fram, that way it takes a longer but it will heal completely.
I was just told by someone of important position that BNB is generally expected to return to a $4-6 price range by later in the year or early next year, which interestingly is the same as my own prediction yesterday or the day before.
Good luck all
I dont wish to downramp, as I have HUGE amount riding on this stock, however, I believe a good final buy is around 60 -80c or any price on Friday afternoon.
Do your own research
BNB
babcock & brown limited
who said it wont hit below 1 dollar
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