BLY 0.00% $2.91 boart longyear group ltd

As I pointed out a few days ago, Aussie Bull had put a short...

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    As I pointed out a few days ago, Aussie Bull had put a short sell recommendation on BLY when the shares were 56c and they fell the next day to 49c. It would be interesting to know whether Aussie Bull predicted that fall or caused it. Anyway last night they indicated that the tide looked like turning and they were considering removing the short sell index. With a rise in the share price today, that now seems certain. I suspect that not only will they remove the short sell recommendation but they will change it to a buy recommendation. It would be nice if that caused a rise in the share price back to where it came from prior to their short call i.e. 56c.

    Aussie Bull updates its calls at the end of each day so it will be interesting to see what they do today. Here is the link:

    Aussie Bull

    GPASAS
 
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