BBG billabong international limited

hey, watch it bounce back to 2.30's in no time next week, unless...

  1. V*
    5,154 Posts.
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    hey, watch it bounce back to 2.30's in no time next week, unless of course the overseas markets all continue the crash.

    but yes, this is really not going anywhere exciting for 12-18 months IMO.

    I did actually buy in again this week, LOL, i got in 2 days too early!
    could have got a much better price buying today.

    back at the big fall, i was speculating we might even go as low as $1.50-$2 but time is running out for these cheap $2 shares IMO. It has the potential to run up a bit, to $2.50's I feel, in anticipation of the half year result.

    but most of this is speculation.

    It is comforting to know that director Gordon Merchant recently bought over 530,000 shares on market for close to $2.40 per share so that says something
 
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