from technical charts...candle charts specially...it is starting a bull run from last thursday....after last two weeks of consolidations/sp issues..
well...i think after all these sp issues...bly will pay off most of its debt...it will become a viable business again with inprove credit rating...this mean good stock for institution investors/hedge funds to invest in to boost their portfolio.
i do not think it will rise to $2 dollars again...but 60c and $1 dollar is very achiveable in 6 to 12 months...
BLY Price at posting:
$2.95 Sentiment: Buy Disclosure: Held