BLY 0.00% $2.91 boart longyear group ltd

ignore the sheepdogs, page-20

  1. 2,020 Posts.
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    Hey Investor/Trader,

    You said "...Remember this GFC all stems from this high gearing mentality..."

    I say Remember GFC stands for "Global Financial Crisis". It's root was in mobs like Fanny Mae, Freddy Mac, WaMu, Citi, Lehman, AIG, ... do you need more names?

    The GFC started from financials impacted everybody. Yes, going forward BLY (and everybody else for that matter) need to be mindful of their gearing, but don't forget what GFC stands for.
 
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