Note: I don't love BAL or any shares.. We are all in this because we think it can make money. I know you care about BAL but I don't fall in love with stocks.
If it goes below a certain price, I will drop this and accept a small loss and buy back in at lower entry price
ie: If it goes to $9.00, there's even higher chance that it would go to $18, compared to $20 as stated in my previous posts for FY17 (I would treat it going to $20 as a bonus)
If BKL could go to $360 FY17, I would buy. Could it reach $315? (70% increase?). Could A2M reach $3 ?
By FY17 report, we would know which one has increased the most margin (hence the profit) from 1st April 2016.
I don't mind trading BKL's volatility for some short term profits....
BAL Price at posting:
$10.07 Sentiment: Buy Disclosure: Held