Well, long long story! I look like a genius if you only consider my trades from 16/10 and especially 19/10 when BSL dropped below $18. Unfortunately it is more of a case of trying to make back losses from starting the positions when BSL had dropped below $20 on 13/9. I caught the falling knife and hopefully it isn't good money chasing bad now.
It certainly seems to be bouncing back and I'd say $19.50-20 was likely in the next week or two. The US Fed interest rate decision is on Thursday morning our time and then the Reserve decision on Melboring Cup Day worries me. However, long term I think BSL is really safe with net cash and I would buy and own the actual shares again if the economy turns really bad after this period of interest rate tightening (which they keep saying hasn't fully played out yet) and BSL drops again. I'm not trying to predict anything there mind you. I'm always just trying to learn and definitely no expert.
BSL Price at posting:
$18.78 Sentiment: Hold Disclosure: Not Held
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