blt having a garage sale, page-7

I predicted that this would happen a couple of weeks ago. Whenever BLT is mentioned in the daytraders forum, it is ultimately bad for the sp. BLT is a terrible stock to trade, there is just never enough demand on the other side of an announcement, trapping short-term traders in a downward spiral. Adding to the problem is the fact that most small investors have seen their investments cut by half, and reluctance to invest in a market designed to benefit institutional investors only by making it one rule for them and one rule for the rest of us.

But, never fear, we need a good clean out to create a bottom, then it will be onwards and upwards.