BBI 0.00% $3.98 babcock & brown infrastructure group

investor daily article from jun 4 2009, page-3

  1. 14,880 Posts.
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    Hi schlomo,
    I see you are out of BBI. I hold BEPPA and very comfortable with that holding. My average is ridiculously low so I have big leverage without much risk now. I think management are doing the best they can to be honest. The DBCT sale process has to be done properly and I think they have handled things well. They tried hard to avoid the SPARCS dilution by offering a pretty good new deal. Nothing more they can do.
    Keep an eye on IRN schlomo. If it weakens to the mid 50's you could do worse than pick up a few. It's swimming against the market tide at the moment.
    Anyway, I better be getting ready for my flight tonight.
 
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