It only takes a few herd-like analysts to murmur concern about a stock and that rep sticks to it like glue until there's some significant change in circumstances to drive a re-appraisal. I posted a bunch of articles highlighting how BF is in the naughty bin for kicking out the French colonialists and bringing in the Russians. We saw independent-thinking buyers taking a major stake today. The crowds will come later by the next production report. In the end, cash income trumps most worries.
WAF Price at posting:
96.0¢ Sentiment: Buy Disclosure: Held
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