BAL 0.00% $13.23 bellamy's australia limited

Why Bellamy's Will Fall on SAMR

  1. 520 Posts.
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    There is a lot of hope on this forum that the Bellamy's share price will bounce once the SAMR approval is given. However my observations of the comments and general distress suggest the stock will actually fall on this event. The reason is 99.9% of all leveraged holders believe the approval will be given, these parties have already bought the stock ahead of the event. So if the approval is given there will be few marginal buyers, however a lot of sellers that have hung on for the news. Supply and demand will therefore produce share price declines.

 
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