All in all a good week, I can sense a change in sentiment and feel confident $9.51 is the bottom. It was scary to see fundamentals thrown out the door, but not once have I had the desire to sell my small piece of BAL. In fact the only logical response I could come up with was to buy more, which I did.
Let's not forget Australia is the land "tall popie syndrome", of talking down success, so BAL is always going to have detractors. Ignore them. There are sure to be bumps in the road, but a company with as many advantages as BAL has the odds stacked in its favour, if only you have the time...
BAL Price at posting:
$10.79 Sentiment: Buy Disclosure: Held