BBI 0.00% $3.98 babcock & brown infrastructure group

too early

  1. 1,538 Posts.
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    I don't know much about group of BBs. But look to me it is too early to get in. I think after BBI issue new hundred mil shrs, it will be dumped more. SP may drop back heavily in the next couple weeks. The worse case can be 3.1c to complete inverted parabola. That bases on chart work as normally bad stock keeps drop until it forms an inverted parabola. In the last few days someone has tried to blocked at low and sell, then block at lower and sell. I think this pattern will continue as they try to get out before too late. As I said I don't know much about this scary and horrible BBs group. Readers need to take a good care, DYOR and good luck.
 
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