I do not agree Hooters. Bal said to expect nothing. The results were pretty spot on. They told you to expect nothing.
The remark I would like to make is this.
Is there a significant population of speculators, that are betting on Bal to come good with China.....Is this anticipation priced in already......maybe. lots of posts on here.....$16 as soon as SAMR. Hmmm not sure. I think all that might happen is a possible temporary increase in SP. But I feel for those that months ago were topping up, averaging down.....bad news. They have work to do. And, frankly, we are yet to see it.
My belief is they are being beaten by Nestle.
Bal are whittling away at at their underemployed capital, and hoping. My opinion is this business is a disgrace and doesn't keep the market informed.
If there was an option below.....for sentiment....mine would be ....."flexible" as day trading can be good here
Hope I am wrong for those that have put long term cap into this eq
BAL Price at posting:
$8.83 Sentiment: Hold Disclosure: Not Held