Nah I reckon shorters just doubling down. Probably another 1/2 million shorts today. BAL should be following the infant formula market when it doesn't it normally means shorters are doubling down. Fundamentally it is cheap compared to WHA or A2M. But not too fussed I encourage shorters to double down at this price it just means the pop upwards will be so much more volatile.
BAL has further to fall, page-41
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