This morning I read that Bellamy’s has experienced an increase in short selling to 16.5%...... However, the price has increased over the last month or so....
I recently read a great post on HC (and can’t currently find it nor credit author) who made a great point of stating that aprox 75% was held by the top 20 shareholders, leaving just under 10% to the common retail investor....
I’m very much holding for the long term. As I’m sure are a number of others. So we would make up a decent number of the 10%.....
With the above numbers, I’m questioning how long can the Shorter’s be holding BAL back..... Surely they will be retreating very soon....
Thoughts...??
Thanks in advance.....
RB
BAL Price at posting:
$9.14 Sentiment: Buy Disclosure: Held
