It wasn't a good weekend for investors holding stock in Babcock & Brown, that’s for sure. With the stock closing at $5.25 on Friday – it sailed as high as $34 in June last year – many investors are nursing painful losses. Come the start of the week, the big question for many out-of-pocket shareholders is - should I sell out before it’s too late?
A handy rule of thumb is to ask yourself whether or not you'd buy the shares at the current market price. If not, then you should reassess why you are holding the stock in the first place. If you would buy at current market prices, then clearly you think that there's long-term value in the company.
This week, we run part 2 of Nick Renton's top 5 financials you need to know about a company (Babcock & Brown investors might want to use this simple guide to run a quick analysis over the company's financials); Anthony Black's column gives you 18 stock recommendations from top brokers – stocks to buy, sell and hold. And professional CFD trader Will Kraa discusses why trading CFDs doesn’t have to be risky. How can you enjoy the upside without the downside?
BNB
babcock & brown limited
It wasn't a good weekend for investors holding stock in Babcock...
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