BBG 0.00% $1.05 billabong international limited

news report and broker info, page-41

  1. pp
    2,342 Posts.
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    Sorters just started on this after takeover bid withdrawn...today is the classc example how they have kept it down.. We may keep noticing it almost evryday as most probably this will be taken down to 40 to 50 cents vy quickly by them..just usual shorting ...i reckon patience will get good entry around that range...lets see how it will go..those who claims 10 to 20 cents wont be a concern but why not buy it back double around 40 cents than today ... Its almost 80% chances that shorters will take it down to cut targets unless company will announce some great news ..that is haighly unlikely imo...
 
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