BNB babcock & brown limited

I wouldn't bother throwing good money after bad if I was...

  1. 10,605 Posts.
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    I wouldn't bother throwing good money after bad if I was you.

    These processes are a well worn path. Once the headstock (BNB) is gone, then so are you.

    The only practical strategy if you cant afford to lose the money is - at the first sign of a company looking like things are getting nasty - cut your losses and get out early. Don't hang around and hope.

    My bet is that this is going to be the way things go all year - any company that gets a cold will be far more likely to see it progress to pnuemonia and death rather than a full recovery.

    Cash is King. Watch the big investors! They are accepting little or no risk at the moment. If in doubt - get out.

    In this market the surprises are all to the downside.

 
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