BNB babcock & brown limited

Sorry to pick on you Karenteal but that it absolute rubbish. BNB...

  1. 408 Posts.
    Sorry to pick on you Karenteal but that it absolute rubbish. BNB is not a blue chip, not even close. A stock that falls 97% in a year is far from a blue chip. It is now a toliet stock. The model appears to be broken. Too much debt, no credit available. What fund manager in their right mind would buy it?? And what bank would lend to it, they wont even lend to each other!! You dont even know if BNB will be around in a year.

    As for more buyers than sellers, that doesnt mean anything. If I was a broker with a huge parcel to sell, Im hardly going to stick the whole order in the screen at once for the whole world to see. This stock needs a hell of a lot more convincing reasons to go up than just more buyers in the screen than sellers.
 
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