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$13.23 bellamy's australia limited

I don't know what the future holds, I don't have those powers,...

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Barolobill

7,788 Posts.

189

27/10/16

19:05

Post #: 20178140
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Originally posted by EckQuity ↑

Actually I wouldn't mind the SP hitting $8.50 - it would rid us of these Shorters.... and I'd be selling off some of my other holdings & doubling down. I think my purchases today at $11.94 and $11.76 were already a blessing. I'm banking on some at $11.50ish. But if it goes lower - well that would be an even bigger bonus.

I exited on the way up recently at $13.28, $13.29, $13.35 and when it hit $13.50ish I was thinking - argggh another one where I exited too early.

But from that day on it was on the down, to where we are today. So I honestly very thankful. I just want to get my average pps down and hold this for the long run. I've been patiently waiting for it to get below $12.00 (my old average pps) after the recent rally and fall. Hope you also made some good moves as well.

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I don't know what the future holds, I don't have those powers, unlike some on HC. But I do know BAL is a well run, high growth company with a bright long term future. I've been buying all the way down, average is $12.50.

Hoping it turns out to be a good move!

Lots of negativity priced in, so hopefully down side is limited from here, but who knows...

BAL Price at posting: $11.70 Sentiment: Buy Disclosure: Held
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