Very true. When I brought BAL it was on a rocket upwards. I was enjoying the ride but kept coming back the the question what if suppliers were unable to meet demand or how stable/safe the skyrocketing or bubble like demand for BAL products was. It was one of my two very profitable short term trades last year. Bal has a good product but it did not and doesn't have a monopoly product and clearly did not have the supply chain to its China market established or quantified.
Hope it recovers in the longer term for anyone below water. It has not been nice to see.
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Very true. When I brought BAL it was on a rocket upwards. I was...
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