It’s just how the Rock rolls. BOQ isn’t the only one getting a work over so it shouldn’t feel privileged. The Rock and its buddies are doing a number on TCL atm, and it’s SP has gone from high 12’s to very low 11 since December last year. Back to BOQ, only question I have to try and answer is how low will it be able to push the SP down before the brakes are released. Once the Rock has finished, barring a total market meltdown, a rise in the SP is inevitable imo. I am starting to think 10.60-70 might bee the bottom, maybe it has already been, so maybe I should grab some more. Hmmmmm. Decisions, decisions.
BOQ Price at posting:
$11.05 Sentiment: None Disclosure: Held