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$80.96 blackmores limited

I agree. Arguments blaming s0-called shorters for BKL's sharp SP...

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usc75

4,056 Posts.

33

07/06/17

09:04

Post #: 25139871
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Originally posted by michaelhp ↑

BKL is hard to short as there is very little stock around to borrow. I use Interactive Brokers, and they allow me to short almost any stock. There has never been any stock around to allow shorting BKL in the last 2 years. Also, if there is stock available the fee would be 9%, so not a good trade

Perhaps if anyone is shorting they would be using CFD's to create a synthetic short.

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I agree.

Arguments blaming s0-called shorters for BKL's sharp SP decline is just making excuses for fundamental financial flaws in BKL.

Can anyone justify BAL's current SP? I cannot.

PS: Investors have been fed rubbish reports from stockbrokers for years-e.g. SP will go to $230 etc-and all have egg on their faces.

BKL Price at posting: $92.36 Sentiment: Sell Disclosure: Not Held
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