When To Buy Or Don't Buy Is Just Too Early To Call Due To Unstable Market...
Europe and U.S. political/fiscal concerns overhang and buying BKS will be clouded by a cloudy market.
It is likely that any oppertunity to buy BKS with a clearer view than one already has today of its price vs its value might not present itself.
The price of BKS is clouded by periods of low volume in which there is even a lack of a significant number of sellers. This has begun to account for the recent lows in the sub $18 area to fluctuate widely on low volume trades. BKS has been affected by serious downward pressure by the huge over-sized short percentage yet it has fared much better than predicted during the stress of poor market conditions.
BKS is obviously a heavily shorted, bad mouthed stock in a tough neighborhood, going through a period of consolidation during market consolidation or pull back.
Waiting to see how low BKS will go is a risk that both sides are evaluating. Longs will accummulate and shorts will exit. These are just the facts just the facts.