DJ has gone down by 2,1 %. Nasdaq - 2.9 %.
This looks like a red friday for the ASX and BLG?
My German Solar stock went down more than 8 % so I did not sell to get cash in order to buy BLG.
Reason for the drop was a change of government after election and the Free Democrat plan to cut subventions for Solar Energy. Semiconductor Aixtron also down by 7,7 %. There are opinions, that Aixtron is much overvalued.
With BLG I think it is the opposite, undervalued.
I will wait for next week after a possible recovery and perhaps I can get in even cheaper....
Wish you a good and warm weekend, spring seems to come to Australia - time for Bluglass to wake up from the long sleep!
Short term 5 days chart for BLG:
could be a another down day
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