BLA 0.00% 18.5¢ blue sky alternative investments limited

target price > $5.10 - $5.75, page-38

  1. 144 Posts.
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    I think a few people on here need to take step back and ask themselves ‘what has actually gone wrong here?’ Ok yes the company has misled the market but they have been punished dearly for it (share price has dropped 82% from its recent high) and they have taken serious steps to make things right. It is still a company with its finger in a great number of regular and niche businesses, giving we average investors a chance to profit from them with a mere $500 dollar share investment.

    Glaucus had a target of $2.66 (which means they would have started closing short positions well above this at maybe $3 - 3.50). In my opinion their short campaign is nearly complete and I wouldn’t be surprised if they went long at these juicy levels.

    Also, anyone with a basic VPA understanding can see this stock is a screaming BUY.

    In my opinion any shrewd investor should have BLA as part of their portfolio at these prices. My two cents: we won’t see $1.50 and will be $5+ by September.

    Cheers.
 
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Currently unlisted public company.

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