Going by previous announcements, BKL will release between 8.30-9.30am. Accumulated at mid-147's today. The selling is overdone. First time SP went over $200 was due to entering IF market. Few weeks ago it was over $200 again but due to regulation/taxes and poor IF sales, SP dip to where it is now. I think this is the reason why the SP is depressed at the moment. I know shorters have a place in the market but i don't think they have caused the decline in SP. Investors does get nervous before an announcement because of the uncertainty of the results (especially for growth stock).
BKL Price at posting:
$147.74 Sentiment: Buy Disclosure: Held