What a great day the BLY longs have ahead of us today. Most of the other drilling companies have recovered strongly over the last 10 weeks. Ausdrill has more than doubled from its low of 80c; NRW (Code NWH) is up around 66% from its low; yet BLY is only up around 12% after falling much more than the others. Today is our day, I reckon.
46.6 million (10.11%) of the shares are currently short sold and those guys must be sweating right now as we await the open.
GPASAS
BLY Price at posting:
48.0¢ Sentiment: Hold Disclosure: Held
