Thanks Tradinator, never shorted a stock myself. makes sense to take profit esp if shorting from a position between 10 to 16.
It baffles me how they alienated the daigous, which was their distribution and free marketing into china. All their sales data would have revealed its sales came through aus retailers so its position in china was indirect. I guess its part arrogance and part not understanding the true customers. Can understand why so many holders are upset.
Agree that charts no long matters. With sales growth unlikely, potential cash flow deficiencies and supply overflows the current implied PE seems unjustified.
GLTAH
- Forums
- ASX - By Stock
- BAL
- The Chart
The Chart, page-18
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)