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0.00% $94.73 blackmores limited

BKL -> Relax, we arent breaking down below 125., page-42

  1. noomxx
    7,527 Posts.
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    01/09/16
    18:41
    Post #: 18867627
    yes agree with you.
    But the market run the price up too fast before.
    Just because the share price is 'off' from the high doesnt mean the price is right now.

    What if the market before was wrong in pricing it so high?

    So the share price has come back.

    but does it mean now is the time to buy, or is the price 'about right'.
    If the price is 'about right', then no abnormal returns to be made.
    BKL Price at posting: $120.86 Sentiment: Sell Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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