BBG billabong international limited

OK so checking the stocks this morning I noticed BBG Int jumped...

  1. 69 Posts.
    OK so checking the stocks this morning I noticed BBG Int jumped to 75c, after having dropped to nearly 33c. So whatever is happening, it may all come to a head today. For me as a small investor who was tipped that 3 months ago this was going to go to 1.30 and so far have lost over $6k I am ready to sell if the shares claw back to 75c...and then at least the lose will hurt but I can wear it.

    Anyone with a better crystal ball than me I would love to know, but figure that today we are going to see something happen. Frankly I would hold the shares if I knew Launa was going to get a real chance at turning the company around, as like all good businesses and brands if you have a good board and a strong CEO willing to take a few hits to correct your position, then a turn around is possible...and I think probable if they are ready to take a few on the chin.
 
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