BLY 0.00% $2.91 boart longyear group ltd

new announcement!!!, page-75

  1. 681 Posts.
    Oops, in my haste I forgot to take exchange rates into account, so I guess that means the SP should fall between 12 - 30 cents, rather than 8 - 24 cents.

    This has all happened much much faster than I ever imagined... I'm back in. Much smaller than my previous holding because I'm worried about further drops, but I've run out of reasons to be pessimistic. 12 cents seems like fair value to me, it's a prior level of support, it's close to fib level (if you believe in that). Hopefully we won't see another 10 million dumped on the close, like yesterday.

    Z
 
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