BNB babcock & brown limited

has hedge fund sold this out yet

  1. shoomer
    742 Posts.
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    10/10/08
    10:12
    Post #: 4369867
    as mentioned in the article the fall is caused by hedge fund selling to cover loss. I think hedge fund don't hold BNB anymore as it's been sold down this low. I think the only sellers now are from some small shareholder.

    http://www.businessspectator.com.au/bs.nsf/Article/The-crisis-outranks-1987-K9UB5?OpenDocument

    BNB Price at posting: 95.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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