I remember reading somewhere that "the market makes news, not the other way round". What it means I think is that it does not matter that we believers love BLR or Viv or CW loathes BLR. In the end the share price will decide who are the winners. The price movement itself sometimes says something important. So far the market has been treating us BLR holders nicely. This week's intraday high of 15c is higher than the previous one, on good volume. I have the feeling that BLR will get to around 20c soon. V or CW can keep bagging BLR. And we holders can keep feeling good looking at our portfolio balances. Look around the spec u stocks there are not many left that has got substance and is still cheap as this. At 14c it has only just doubled from its broad trading range. Compared to many it is only starting to accelerate from a charting point of view. My plan is to top up if BLR consolidates and forms a trend continuation pattern (triangles, flags etc) around current price in the next few days. If it races away I'll just watch. My average cost is 9c.
BLR Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
