BBI 0.00% $3.98 babcock & brown infrastructure group

beppa, page-81

  1. 21,239 Posts.
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    dargie - your death spiral posts were valuable for making risk assessments about BBI, no question, so I wouldn't be at all concerned with those to whom the concept was new....

    the only thing I thought about 'death spiral' situations was that true death spiral stocks are deliberately engineered to produce that effect - in other words it's no accident that the base stock is eliminated because that's the aim of issuing the prefs which kill them? (and I'm no expert here)....


    anyhow, I really don't want to open that can of worms again - just to say that I always thought your drawing attention to the possibility was very useful....




 
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