in terms of the drop, it is expected due to worsen relationship with CHN and NZ. All the shares in this category were exposed to this weeks drop e.g A2 leading the charge, TWE, etc etc. Shorts are taking advantage for this as a whole but as I suspect that BAL will not be dragged lower much.
I like Ike to see what’s been discussed and raised in the Diagou channel. BAL previous drop was due to Daigonabandon BAL given low margin. Now, with a better product, lower price, and relatively sound brand, I am quite hopeful the immediate future is fairly bright.
Looking at shorts position by Thursday, the total dropped off a bit and a good sign that some smarter shorts are closing position using this round of down trend.
re SAMR, it will be sooner than you think- perhaps
BAL Price at posting:
$8.57 Sentiment: Buy Disclosure: Held
