The old 'when others are fearful, be greedy?'
Printable View
What caused BWX to collapse today?
Company specific or industry problem
Wow that is quite a drop.
Their P/E was over 40, probably a case of coming back down to earth.
That ASX report on short positions showed they were heavily shorted (relative to others)
Still on 34x P/E ratio was bound to get hammered sometime with some profit taking
Someone's willing to stump up today off market buyer and seller.
Interesting action on the retail side the sell side depth drying up.
Craigs have initiated full coverage and rate it a strong buy