BNB babcock & brown limited

Have been watching the depth this morning,sure BNB opened up...

  1. 1,858 Posts.
    Have been watching the depth this morning,sure BNB opened up down and after the initial panic quickly pulled up to the $1.20 range, once it did the Buy side started to thicken, started off ven with the Bell side and while the SP move between $1.22 & $1.25 the Buy side kept in front and now is 800K -1M better off, the price has also begun to firm up with a top of $1.27 so far.
    Some profit taking will push it down to the good support of $1.24 but if the over all market improves during the day I have a feeling that BNB will finish higher than current trades.
 
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