BBG 0.00% $1.05 billabong international limited

why would investors sell?

  1. 39 Posts.
    I am a long term holder of BBG. I have purchased the stock at various levels and have managed average down my holding price.

    Part of me would like a T/O - just to end this mess. Yet part of me wonders why investors would sell at a predicted low T/O price of anywhere between 80cents to $1.10. If the company is making money, the economy is picking up and this seems to be the bottom of the share price - then the surely the only way is up?

    I'll be holding and voting down any low T/O offers
 
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