As kiril said, it's the fear of the unknown that is driving prices lower.
The only risk to BBI is the level of debt and whether the banks will re-finance when it is due. Those selling obviously think the risk is too great. I can understand that. We all know from history that markets overshoot and undershoot when greed and panic rule. I'm pretty sure we are seeing panic on a scale not seen in our lifetime. Logic then dictates that those willing to take a long term view will make money buying the market at these prices, albeit that the market may in fact go lower still.
As kiril said, it's the fear of the unknown that is driving...
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