BBG billabong international limited

where to from here, page-21

  1. 7,190 Posts.
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    UTS

    yeah this is too hard to play..the announcements come out of nowhere

    it's always a balancing act between weighing likely future share price catalysts against the good old weathering effect of time.. if nothing happens, of course i would expect the share price to drift lower.. is that a good enough reason to sell? IMHO no..

    of course the danger when sitting on 70% gains is complacency, and BBG does not stand independant of the overall market..

    i think there is enough near term catalysts for upside price action to justify holding from my point of view.. however i fully expect traders to exit on stop losses and shorters to try to wrestle control back

    cheers for the phantom thumbs up
 
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