lakota6, shorts have shaved 52 cents today off the SP and around $1 since recent highs. They know they could suck people in who hope for a good HY report when a provision of $20m stock was flagged in a AFR article from memory. I liked the higher volume today as it confirms our trend. I predict $6.80 by 27 Feb. A pity our management doesn't seem to have a counterattack plan for shorters that plague BAL.
BAL Price at posting:
$8.78 Sentiment: Sell Disclosure: Held