The Facts !, page-61

expect it to roll over here, back to 2.50 and then 2.30, stocks tend to swing either side of the round number in this case $2.50. Analysts expectations aren't based on the current Iron Ore Price, but based on an average of the iron ore price over the next few years, but this is Hypothetical forecasting.

Babcock and Brown also had revised recommendations, after cost cutting, with long term buys. Its foolish to this this stock will recover in an instant technically it needs to develop more of a base of support, and technically a major reversal comes after capitulation and we haven't seen that yet, Much more reshuffling and carnage to come - the company is spinning plates.