im a long term holder and not fussed about what the sp does day to day, i dont think any genuine value investors care about the next 2 weeks, its more a question of whether the management team starts talking up a turnaround for q4 or whether they think it will take until q1/2 2017.
to be honest, call me a glass half full guy, but i seenit as win win now:
1) if oct 27 is good, sp will rise back above 130 quickly
2) if oct 27 is weak with a warning of a weak q4 then sp could easily drop to 90-100 at which point i would personally be pouring at least another 10-20k into bkl shares because that will inevitably be the point at which institutions etc start buying in big and then things will turn positive i suspect for 2017 and 90-100 will look like a serious bargain in 1-2 years time when china, indo, viet, korea, iran etc markets are more penetrated and strategies are executed.
i feel strongly this is a temporary headwind so i wont be selling even if the weakness continues to q4.
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