Another day of wild swings for BAL. Nobody doubts the product but very hard to select an entry point (6 weeks before interim) after SP risen 11x launch price.
Was today's low of $11.88 a good time to buy? Will further slowing in China's economy become an issue? Will both production volumes AND margins rise on each item spun off so that the multiplier effect kicks in producing strong gains in earnings?
I can't put a value on BAL and watch from sidelines. But it is fascinating to watch the action and read the massive variation in views on HC.
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- so what is a good entry point?
so what is a good entry point?
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