BNB babcock & brown limited

bnb is averaging a 35% loss each trading day, page-6

  1. 11,407 Posts.
    after today...only holding about 2000 shares. Sold out mostly.

    Was really optimmistic about the chance BNB has been given but it seems it was a poison challice really.

    Someone massive is obviously exiting.

    Daily 35% losses. What else can we expect but more sneaky dumpoing on close...or during the day.

    Eventually people will stay away and there will be nothing to sell into and the dumper will take it right down to 4 or 5 cents imo.

    Is it the banks? Insto's? A big private holder? They are massive orders and dont seem to be running out of stock.

    Lost patience with BNB now. Will see if it can get its act together down the track but looks like a shell of a company that someone big is trying to dupe people into still placing orders which it just dumps all over anyway at any price it can get.

    We've seen enough companies does this and the banks injected cash to hold her up..but their intesntions are looking pretty obvious now.

 
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