also i predicted a month ago that sp would be range bound between 110-125 up until oct 27, so i dont know why everyone is stressing about the day to day fluctuations.
shorting is clearly winding down so dont expect any sp drops below 110 before oct 27.
i dont expect many people to gamble on a major upside surprise pre oct 27 either and push the sp up above 122-125, as the short term sales outlook domestically or via new china channels is unlikely have changed dramatically in a couple of months.
i do expect the oct 27 outlook tone to become significantly more upbeat, but i think this will only be enough to push sp up a little until actual sales revenue is proven to increase in h1 2017.
BKL Price at posting:
$115.77 Sentiment: Hold Disclosure: Held