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$3.44 bingo industries limited

Ann: Annual Report to shareholders, page-8

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alfred137

1,035 Posts.

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16/10/19

11:31

Post #: 40906038
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Originally posted by pastperformer: ↑

After buying in at the last downgrade, I have just sold my position in BIN. A real shame I couldn't get up near the $2.60 mark.

I've heard a whisper that another downgrade is coming, I consider the whisper quite reliable and that is the basis for me selling today.
Depending on how the market reacts I will more than likely buy back in should be see another 40% drop like last time.

I genuinely hope we don't see a downgrade, but after the markets reaction last time, seems like a sensible investment decision at this point.

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I would love to look back to your comment after the AGM on 13th of Nov.

BIN Price at posting: $2.18 Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

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