Look at what happened to A2M 2 days ago. This morning sellers wanna make a quick exit, while buyers were playing cautious. The price were set to fall. Both companies reported huge profit and forecast.
It's wise that when u see the weakness in the share price just buy and accumulate for long term. You don't have to wait too long for the PE to drop to 20 from today share price. Possibly another 6- 12 months IMO
Thanks
BAL Price at posting:
$12.26 Sentiment: Buy Disclosure: Held