BNB babcock & brown limited

i dont get it

  1. oz3000
    1,082 Posts.
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    12/06/08
    15:27
    Post #: 3848589
    From an article:

    http://business.theage.com.au/babcock-nears-meltdown-20080612-2ped.html

    "There are two problems with this story. One, there is no "borrow'' in Babcock stock right now, no shares on loan for shorts. It's all tied up. Most of the selling is coming from giant quant fund Barclays Global Investors, which sells on volatility. BGI sold down below 5% earlier this week and is likely to be in the market again today."

    Is this guy for real?

    Is there really no shorting happening for BNB?


    BNB Price at posting: 0.0¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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