Lot of people who bought trading packages around the $9 mark are sitting on a healthy profit (25% - 30%). It is expected that some of them will take profit. Especially after a 8% gain in one day. I was expecting a much bigger fall today (from the short term profit taking). So everything is looking good for BAL.
Looking forward to the short squeeze!
China's tightening grip on infant formula market, page-13
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