Hi HC and rudders....I'm hoping the US will recover in the next 6-12 months because of the US dollars depreciation (good for US's manufacturing exports) and a new form of QE3 expected to be announced soon.
Also US intends to sue 17 banks for selling toxic mortgage backed securities. US gov. will get some money from those thieves and also more importantly, will blackmail them to ease and open their credit to small business. That should lower unemployment.
IMO a US recovery will go a long way to BLY's sp recovery.
Also shale gas is in the States is absolutely going gang busters, also good for recovery and good business for BLY.
I have a held BLY for a few years now and have a sell price in mind......and it isn't $3.22 or God forbid $2.50!
Good luck all holders.
Cheers, P.
BLY Price at posting:
$3.22 Sentiment: Buy Disclosure: Held
