BAL 0.00% $13.23 bellamy's australia limited

Bal ready to explode, page-119

  1. 7,788 Posts.
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    Kuros, you know how white hot sentiment has been around A2M, sucked in a lot of hot money and momentum traders betting on a sure thing. BAL is in a completely different place, its had very poor sentiment and a big push by shorts. So BAL is rising off severe weakness/correction and is more short covering and longer term investors pushing up price.

    No doubt there are a few people hoping for fire works on Friday, but i doubt it will be explosive. On a FA stance, the numbers are better than A2M as well.

    There is IMO room for BAL to get back to $14-15 in the next week, without being over done.

    Go back 6 weeks and people were expecting $20 with this announcment, that is now a dream...
 
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