BNB babcock & brown limited

Many people with holdings in many companies have tried to...

  1. 295 Posts.
    Many people with holdings in many companies have tried to "average down" over the last 8 months as prices tumbled - I was one of them (not in BNB). Most lost more money. The problem is that there is probably as much chance in the short term of the price going down as there is of it going up. In addition, the price is now volatile, which makes decisions about buying/holding/selling all thhe more stressful and difficult.

    I am certainly no BNB guru. There are some on this forum, but most will (or at least should) be reluctant to give you direct advice. Be careful, and good luck with recovering lost capital. Many others are in the same boat. Things will look very different in 12 months.
 
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