Just read the article again, the comment relates to sales up to March 31st, a week before new tax regulations were implemented. This article is actually good news for BAL, as it suggests that potential new competitors are having a hard time cracking the market.
Sales update will put all at ease. Up 8%, back 2.5% is reasonable. Uptrend is still in place and run into results should be good, assuming world markets don't melt down. Still looking like a very good week. Hoping US markets rebound tonight.
BAL Price at posting:
$11.80 Sentiment: Buy Disclosure: Held