BLY boart longyear group ltd

chart, page-14

  1. 1,879 Posts.
    stocks168

    It seems correct

    On 27th Feb the "Smallcap World Fund Inc" sold over 20mill BLY shares pushing the price down, as such it triggered stop losses(sp further dow) and margin calls (sp went further down). On the next day it created 'panic sell'. And here we are - another fund takes the advantade of the situation and buys over 20mill in March. I expect BLY to bounce soon (fingers crossed) DYOR

    Cheers NJ
 
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