RE:Do we really believe that a turnaround is imminentNo such thing as big rally without big risk. Most will agree there is a lot of upside with BBD. However, I could see the stock dipping to 1.80s but also going up to 2.20. Is 1.96 a good time to enter? I dunno. I would wait for 1.92 again to dip my toe.. hold some back and buy more if it goes down in 1.80s.
kerkabokna wrote: Do we really believe that a turnaround is imminent based on last quarter's earnings, or is it still sort of a leap of faith? I am looking to buy more shares, but not so sure about the timing. the stock rallied like this a few months ago and the flat-lined again. not sure if it is safe to buy more. were there sufficient signs of a turnaround in the last earnings report? don't want to miss out on a big rally in the stock price, but i worry that we saw this sort of price action not too long ago. did not see tremendous encouragement in the last quarter's report, but acknowledge that i might be missing something. Check out this post where has been discussed in details.