Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Given the horrible slump in the shares of Baobab Resources (BAO) in 2013 – well done TW, crawl, crawl - it would be understandable if even the least squeamish of chartists/technical analysts would shy away from making any commentary here lest their precious track record/reputation(!) might be damaged.
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Comments
wildrides
If you get this one right you deserve to be called the “ Ive got a large swanky plush office courtesy of TW chartest “ !
mejeff
the final round on the placing does not list a floor on the pricing. By definition this is a death spiral.
Tom Winnifrith
mejeff
On Death Spiral I agree with you entirely. My bearish take on BAO is unchanged.
T