BLY
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0.00% $2.91 boart longyear group ltd

blueballs, page-5

  1. ML173
    9,583 Posts.
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    02/07/13
    15:00
    Post #: 11954820
    May be a time for you shorters to cover your position at this level if shorted above $1...

    The shorting position now nearing 10%... about 50mil shares.. and that is a fair bit to cover..

    Don't be too greedy !. You may squeeze a few cents extra out of it, but running the risk of being step on by other shorters:)

    What do I know ?. I was in the last SPP for 27c (about $2.7) and did not stay long after that...

    History appears to repeat by this lot of risk taking yanky management with similar debts position so far..

    Good luck.
    BLY Price at posting: 55.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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