BNB babcock & brown limited

forced selling over, page-24

  1. 2,050 Posts.
    Very good point Dargie.

    I bought some calls today, and was pleased to see a large buyer sit at the top of the q at 5.85 for several minutes soaking up everything. They bought something like 500k in about 5 minutes, continually re-loading.

    Then we had a very bullish close, adding about 10c in the match to close near the day's high.

    I'm no chartist but I would have thought that from a technical viewpoint we have the opportunity for some large gap-ups.

    I think 7-7.50 by the end of the week is a distinct possibility.

    cosmos
 
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