BAL 0.00% $13.23 bellamy's australia limited

chart, page-38

  1. 236 Posts.
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    This is my first post on HC but I've been reading various threads relating to BAL, A2M, BFC, AHM and RHL which I have bought recently and in the past. I think BAL is a particularly interesting and possibly unique stock. I bought 4000 @ $1.38 on 1 Sept 2014, stupidly sold 1000 @ $3.42 on 4 May 2015, then hung on for a while. I chickened out yesterday and sold 1000 @ $16.20, then watched it retract over the rest of the day and part of today. I will not be selling my remaining 2000. I think the retrace to $13.60 today was very positive. The fact that it didn't breach $13.00 is a very strong indicator and I have great confidence that come February profit guidance, those who have held strong against the current turbulence will be suitably rewarded. Hold, hold, hole. Happy New Year!
 
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