Its logic FN.. I transfered more funds from my CBA savings account to my online trading account today with BellDirect. It should land there tomorrow if BAL is to be shorted further, I will buy more.
I sold some of my A2M shares today to buy more BAL as a risk contingency plan just in case the shorters decide to cover tomorrow & we start seeing upward movement. If not I will keep buying and averaging down until 2018..I can always buy back into A2M as I have a feeling the shorters will be playing there next when they enter the ASX300 and when they do its going to be nasty as more than 7M shares on issue, hmmm...
I have poured all my savings into my investments, no debt.. I am both a mum and dad investor (single parent).. So if I invest in a stock I will dissect it to the empty degree..
GLTAH ;-)
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Excellent opportunity to Buy BAL below $10.50, page-8
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