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Hi Disco Stu...every time I check BLY's sp I want to pull my hair out! They say (financial advisors) that when commodities are down, so is BLY. That said I keep hearing their is a shortage of drilling equipment, rigs and the like and also workforce experienced in operating this equipment, so one would think given the shortage BLY generally should be going gang busters! The only thing I can put it down to is the bear market atm. Confidence is very low, globally, things are crap, the US is still printing money to meet debt payments, Greece is down the gurler, now other Eurpeon countries are in trouble also. Japan has a very long road ahead to recover from earthquake and tsumami etc. etc.

On a brighter note, I heard the ASX intends to clamp down on BOT trading.....not before time imo. If they actually do something about that at least poor BLY's sp might be spared continually being shorted.

Hopefully better times ahead.

Cheers,
P.