As a fairly large holder in my SMSF and also having put my wife (not literally) into BAP, I am fairly cautious on the SP. What goes up, can and generally does, go down especially on the market. Fluctuation is one thing that is absolutely guaranteed on the market. I just reckon the SP is a little overcooked and expect it to resume to a less optimistic position as currently shown. Our hopes and dreams should be aimed to the heavens, but I have regularly found that when hot air rises, it hits a cooler mass and becomes rain, hail or snow. Still like BAP and don’t intend to sell any, but it’s a brave investor that’s buying on today’s prices. (IMHO).
BAP Price at posting:
$8.25 Sentiment: Hold Disclosure: Held
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