Whilst I am not a current holder I looked very cloesly at this stock when it was around 13 cents. Many holders would have made excellent short term profits. Tomorrow BLY comes out of an S & P index, rightly or wrongly some fund managers will be required to dispose of their BLY shares. Last quarter several REIT came out of this index & were heavily sold down on the last day they were in the index i.e. GPT,CER. Given the large number of institutional holders in the top 20, I am expecting BLY to be sold down tomorrow. Sometimes it pays to sell a stock you like & buy back cheaper if such an opportunity presents itself. Just something to consider. Regards Buffett
BLY Price at posting:
21.0¢ Sentiment: None Disclosure: Not Held
