Matt, My average new start entry now is 44c and that is the lucky number for me:).
My entry this time is based on the current debts restructuring and extension beyond 2015. Since CR uncertainty has now been removed, I see very little down side risk from this level. You long holders can all now feel relax. The shorters at this level will be on high blood pressure medication soon.. Lol
The chance to see 50c by end of this week is very good. I'll reduce my holding when I see 60c, and then keeping the rest for a multiple $ sign :). Good luck.
BLY Price at posting:
45.0¢ Sentiment: None Disclosure: Held
