BBP babcock & brown power

BushHeritage,Welcome to HC... and your first two posts are both...

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    BushHeritage,

    Welcome to HC... and your first two posts are both on our beloved BBP.

    Can you give us a reasoned argument as to why you think the long term prospects for BBP are bad? Like many, I am less interested in the intra-day movements, other than as an opportunity to purchase more. Using short term SP movements as a guide for whether one has made a good investment decision is not a good strategy IMO.

    Whilst B&B are in a world of pain, what makes you think "the battle is almost lost"?
 
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