moondoong,
i suggest you have a look at BNB's announcements yesterday re their real estate sales in the UK and then show them to your trusted analysts.
anyone short this stock now either have inside info or are stupid because we have now had Goldman, Lehman and Morgan Stanley all beat earnings estimates. Bear went bust but they went bust because most of their revenue and activity was in mortgages. BNB is an asset manager, corporate adviser and asset/capital recycler.
its only a matter of time before the shorts get out and we are back at $20. i am hoping that Phil Green uses some of the cash from the UK real estate sales to buy back some BNB on market and fu*kup these shorters once and for all!!!
BNB
babcock & brown limited
