I couldn't help myself this afternoon, happy to pay $13.50 any day of the week. BAL still has 32mill cash in the bank, it's not as if they need any more. What they need is stock to sell, and with new markets being primed and singles day coming up (remember this month represents 15% of the annual e-commerce IF sales) they need need product to keep things flowing. We do not want a repeat of last year, when BAL was out of stock for months and the negative media it generated.
Lot’s of noise and day traders today, the real investors will show up in the week ahead. Most traders have no idea what was in the annual report and what it means. I guess not everyone has spent 1000+ hours researching BAL and it’s business model/customers and markets, nor held a large parcel of shares since listing and ridden all the ups and downs, the highs and the lows