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$80.96 blackmores limited

Even with narkets sharply up...bkl is floundering. ...i think we...

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Boondog

4,087 Posts.

5

14/06/17

11:48

Post #: 25264236
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Originally posted by hammerjx ↑

Simple shorting! Fox business had a couple of guest commentators on about 6 wks ago. BKL (at $102/3 at the time) was raised and first bloke said bottom was around $98 - the other one piped up immediately and said they had it at $85. I've been watching for him to appear again because I know his face but not his name or company. It struck me at the time that it was clear collusion amongst a group of shorters (now over 8% on a very expensive share) so my guess is that it is getting near the low water mark. But it does irk when the company will not release a statement on the stock - then, correspondingly, the shorters could view that as an incentive to keep on shorting. I'm not too uncomfortable on the stock yet but the day I flick them is the day that they take off - so I'm holding.

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Even with narkets sharply up...bkl is floundering. ...i think we have some correction to go.40 to 60 is possible

BKL Price at posting: $87.02 Sentiment: None Disclosure: Not Held
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