BLU has been falling for a while and TenBagger had this as a strong buy a few months back when it was $2.10. When it dropped to $1.60 odd they reccommended buying more (I did both times) ..... Anyway TenBagger said in December sell, reason "Softening in Global economic conditions, particulay in the UK" and "too higher staff numbers and spending too much on opening new offices". Quartley cash flow showed reduced sales and increased expenses. The AGM gave no clues as to the real state of the company but instead focused on "blue sky" opportunities in the future. I still hold but don't know why .... I just can't bring myself to turn my near 50% paper loss into a real loss !!. Hods
BLU Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held
