Yeah the shorters in BAL are a stubborn lot. But at best they can short another 4-5% of the stock. Which means their leverage is not as strong as it used to be. I am quite surprised the banks have not started issuing margin calls to be honest. In any case demand for new formula is crazy strong reckon they will be all sold out soon and it's not even been a week since launch. Gogo BAL.
BAL Price at posting:
$9.35 Sentiment: Buy Disclosure: Held