BBG billabong international limited

where to from here, page-5

  1. 223 Posts.
    BBG got to $1.80 through a combination of short selling and the fear that there would be a dilutive capital raising. The Nixon sale puts to rest the capital raising fears and has made life a bit scarier for the shorters.

    If you want to buy this stock for $1.80, your best option may be to invest in a time machine first. I managed to get in the day before it jumped recently. I felt it was drastically undervalued and bought without realising just how much it was about to jump. While I would like to say it was because I am some kind of stock picking savant, to be honest, I got lucky on the exact timing. My courage just peaked at the exact right time.
 
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Currently unlisted public company.

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