To make money in this stock, you've got to buy around fifty and sell around fifty five. It's in its down mode currently and when it nears fifty buy it. It will then go to fifty five where it can be sold. With such a low dividend yield, you can't really hold it.
The last two splits have been when Ball was around $70. I have made a fortune just holding the stock and waiting for splits. I do have a separate account where I buy the stock on breaks and sell on rallies. Both strategies have been great money makers (with buy and hold working the best).
I'm curious anyone's opinion on S&P's 1Y target estimate of $61. Carter Worth, chief market technician for Oppenheimer said in late April on CNBC the chart technicals line up for a move to that range by year end as well. I tend to agree, especially with the 12 million share buy back over the coming months
I guess I've got my answer based upon the stocks recent breakout from it's $55 top, now the question is - does it makes sense to sell before the earnings report later this week given the recent run up?