I think what could also be happening here is, with the global turmoil driving it all, investors sitting on such large profits from last yr in BAL, BKL are watching downward momentum happening and locking in profits
BFC is no different, it went from 30-35 to mid 50s. It gets banded in the same bracket as the other agri stocks (a bit unfairly)
Profit taking will die down in all the stocks soon, they are already at interesting buy levels. Bases will form, personally looking around the mid-low 40s (Gap region, Bell Porters hold was at 42.5, close to fib retracement areas etc...)
But, market will do what market does. Can't fight it, just waiting for time to jump back in
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