BLY 0.00% $2.91 boart longyear group ltd

interesting trading pattern, page-55

  1. 151 Posts.
    any stock that goes up this much on no news (actually bad news based on the brokers recommendations) will go down just as fast when the traders move on to something else--the herd mentality-that's why it was oversold in the first place--it's on it's way back under 20c, and anyone who made a profit on this sky rocket recently should bail out why you can. The stock could be a beauty, but it has significant debt, and money is still tight, and this problem has killed better businesses than this one.
    Diversify and hold quality for the long term
 
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