The news is now in the public domain so that is why BAL is tanking more than -5% today:-
"While the new e-commerce law is silent on goods being sent to China via post, the state media is reporting a new law may be drafted in the future to limit food coming into the country this way."
"Disruption to this channel or packages coming by mail is one reason why shares in Blackmores and Bellamy's have fallen this year after a stellar run in 2015."
Any bad news in this environment and the DOW not performing well this year is the reason why its not the right time to go back in.
If it goes under $10, I might consider as I was thinking of getting in at 10.60 and 10.40 but that has been blown out of the water.
BAL Price at posting:
$10.28 Sentiment: Sell Disclosure: Not Held
