BNB babcock & brown limited

Price sinking on the back of bad news from the states. Obviously...

  1. 122 Posts.
    Price sinking on the back of bad news from the states.
    Obviously through exposure to US assets and maybe some indirect hits from subprime fiasco.

    Looking at charts from last 3 months, stock trending down with lower highs and lower lows.

    A shorters dream run at the moment. Predicting it will close lower until the end of the week unless things improve in the US.

    Can anyone predict bottom?
 
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