Post by
clubhouse19 on Oct 11, 2022 3:05pm
Rally ?
What are the odds that BBD is being set up for another short attack near or right after earnings?
History says the odds are rather good
I would suspect any new money coming into the stock is far fetched.
I would certainly be happy if it keeps its current level, but IMO not likely.
Markets other than a trade, is not the way things are these days as seen by the consistent selling into any rallies.
Comment by
clubhouse19 on Oct 11, 2022 3:08pm
I see any weakening of inflation this week being announced to be the only reason for a rally...but with short legs.
Comment by
clubhouse19 on Oct 11, 2022 3:15pm
Some are even suggesting to short the Canadian banks even after many have been taken down near 35% from their high. We have not seen capitulation yet as hope still exists or is it denial ?
Comment by
Shamhorish on Oct 11, 2022 4:19pm
club, most likly you are right with good results, so and so results, bbd has experience short attacks right before or after results bumped up before results, then ........ only with consistant good results, paying debt, free cash flow bbd will gain value still attacks will continue, but bbd will contuinue rising if maintain good results