Noticed a few brokers recently saying buy BLY as future looks good with a lot less debt, also on business channel a few brokers have called Bly their outperform stock which is another very good sign. They made a huge mistake by doing the spp when they had forward momentum, the stock was around 45cents and easily could have reached 60 or 70 but as soon as they announced spp it went back to buy price of 27cnts, in my opinion this stock has huge upside this year and beyond, maybe they could lose all debt and in future purchase other stocks in their field.
BLY Price at posting:
$3.20 Sentiment: LT Buy Disclosure: Held