We've got A2M reporting on 22nd before us. If BAL keep quiet until then, I suspect trend is down while the shorters/sellers have control -$8 here we come!!. I note its not just BAL suffering, have a look at the other players like A2M (which coincidentally also started its decline in late march just like BAL did) and BUB. Also funnily enough short interest is rising in A2M and BUB.
Shorters and sellers clearly have control and will stuff the SP over until A2M reports unless BAL says something. Some investors think the results of many of the IF players are going to be bad and have positioned themselves in the big IF players - we just got to hope the results at least meet what the market is expecting and management says some nice stuff about the outlook along with the results.
BAL Price at posting:
$10.33 Sentiment: Hold Disclosure: Held
