pcockley, "well the rally shows no signs of abating"... yes, it does. Hoping that it is nothing else than BLY taking a breather.
acecant & others, I 'd like to feel comforted by your postings and the new price targets put out by CITI, McQ & co... Unfortunately, this is not the case. It really seems to be the case of extrapolating the trend of the last few weeks.
Have they susbtantiated their re-ratings ?
acecant, I agree with what you say about BLY, debt free, etc. and we all know that. The key question is what is it worth ? Their financials are going to get better and better, BUT this is already priced in the current sp, otherwise the current PE wouldn't be 55.
I 'd love to keep holding, which is what I am doing, not sure for how long....
BLY Price at posting:
$4.33 Sentiment: Hold Disclosure: Held
