If A2M only match their first 4 months of FY17 for the rest of the year, they're guaranteed 8.6c EPS. You'd think they'd have to be on target to go over 10c EPS for FY17 (PE <23 at current price). Hopefully analysts have underestimated BAL as well!
It's interesting that leading up to the two most recent upgrades by A2M, there has been a big increase in shorting in them both times. It just shows they have no clue and are purely speculating and gambling as much as anyone else. It's also the domino effect. People see an increase in shorts in a company so assume that people know something and therefore jump on the bandwagon.
BAL Price at posting:
$12.03 Sentiment: Hold Disclosure: Held
