BNB babcock & brown limited

negative net asset position, page-33

  1. 1,225 Posts.
    The underlying psychology behind share trading is fear or greed.

    We chose one or the other. I like to take risks running along the thin blue line - an adrenaline junkie.

    I love the pressure of it all. I bought a small parcel of BNB at $16.00 and have had to average down significantly to stay in the game.

    I stand to lose a few K's, so what! On the flipside, have made many gains with gold stocks which I believe will be strong for a few years.

    BNB will survive this but will suffer from quite a massive drop in the SP.

    Until it gets back to a reasonable amount, I am prepared to cop a small loss and move on.

    Thats the name of the game - and I love it.

    Good luck!
 
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Currently unlisted public company.

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