oversold

In my opinion this stock has been way oversold. The companies immediate issue is refinancing which I blelieve management will achieve. Have a look at the major share holders. These companies would not be holding if they didn't have confidence in BLY's management.
Less than 12 months ago it was trading at over $2. It will be a while before it gets back to that level but I believe that in due course it will - unless the world economy collapses completely. I lean towards the economy initially slowly recovering and then rapidly picking up speed. China and India alone have millions of people who are very eager to improve their living standards. These countries hunger for resources is going to be huge.