There is absolutely no link to Ballemy's as a result of China/NZ souring relations to continue to suggest so is ludicrous, we have canvased this b4 via one of your other accounts and you have not presented any evidence except assumption to back up that statement.. No cigar on that one..
Shorts have uped their game yet your suggesting shorts are dropping of. After the spike from $7.60 odd to $9.70 profit taking was expected and even some holders possibly fed up wanted out. But the reality is it could not hold or maintain it''s upwards trend and shorter's have taken advantage.. Bal is extremely volatile, good to short term trade, but until management especially the SH/PR dept get their act together I'm afraid there will be nothing but assumptions and speculation which ultimately is a result in my opinion because of poor nontransparent management..
Perhaps SAMR registration is a lot longer away than you suggest I think. You can not know as either can I. There is no evidence to suggest SAMR is close at all. Any suggestion that Bal has released new product because China OK is also ludicrous as they would legally have to disclose that information.. I think sticking with the facts would be better than hyping things up all the time, unless your playing the stirring game which is a bit of fun occasionally because all this seriousness and noise can become very boring at times..
BAL Price at posting:
$8.57 Sentiment: Buy Disclosure: Not Held