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$12.88 bellamy's australia limited

BAL has further to fall, page-110

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23/11/18

13:45

Post #: 36618079
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Originally posted by Mado ↑

Originally posted by Sentrypetal
Actually for shorts there are really only 2 options let the share price recover to $10 which would mean they would be all underwater or continue to double down. Unfortunately shorts like any gambler will double down until positive news sends the share price skyrocketing. I expect them to keep shorting in the hope of negative news. We holders just got to patiently wait and watch the profits and good news roll in until the shorts cannot keep doubling down.
And just when do you expect a 40% rally to $10 to occur?

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I expect $9 sometime late next week. Today's shake out is on zero volume. Yesterdays buying volume will return Mon onwards as analysts start to revise earning forecasts upwards..

BAL Price at posting: $7.30 Sentiment: Buy Disclosure: Held
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0 Great analysis

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