BNB babcock & brown limited

They have an extension till the 12th although the ANN could...

  1. 810 Posts.
    They have an extension till the 12th although the ANN could still come out on the 9th. With the extension it was very obvious there would be a sell off and profit taking. Im not doing anything Im long now, I could sell tomorrow and probably break even or a small loss but why? There are people that loaded up at 15 and sold at 17 kicking themselves now. The question is do you think they will go insolvent? I don't think they will there is too much inside info and the s/p dropped today but so what it should have got a speed ticket on the way up. I can afford to hold but if all your pennies are in this then you shouldn't be trading (not you specifically)
 
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