Why anyone would buy this is beyond me. Look at the facts.1} Chinas birth rate slowing at a historical rate 2} BAl,IF it gets SAMR,will have 1,100 competetors already in China. 4} Organic IF,is less than 5% of the Chinese market.5} Bals numbers going forward are weak,and 2019 will be a shocker,with inventory write down,revenue growth at less than 5%.6} No SAMR approval after 13 months,you would have to ask what is delaying it.7} Technicals,its been in a major down trend for 10 months,with no sign of improving.
And the Bal Cult keep chanting, " Go Bal Go,RAH RAH RAH" and my favorite "SAMR any day now,RAH,RAH,RAH" All this as they continue to count their loses,and wonder where they went wrong.
