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0.00% $2.91 boart longyear group ltd

bly tipping competition, page-31

  1. CL27
    2,484 Posts.
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    19/08/09
    18:35
    Post #: 5529276
    Devander,

    Agree with you that the underwriters will move in as required and protect the share price.

    My guess is with the share price finishing below the TERP of 33c and with a red night forecast by the futures, the underwriters are going to be under preassure tomorrow. If BLY opens as low as I predicted, they will have no choice but to buy in support. (I hope)
    BLY Price at posting: $3.25 Sentiment: Buy Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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