How to make a million $ trading in BLY....................Start with 2 million.
CB are famous for making companies SP worthless and take over at low price. Then break the company assets in smaller chunks (which are worth more) and then make a killer profit selling these assets. The share holder will not see these profits.
CB have an unethical approach towards business. SP is being manipulated. .002c then consolidation at .08c to $2.4 which now is at $1 (hardly any volumes)
In between they wanted to take control to Canada, which would have given them more control over their agenda, which was booted down by the SH.
Yes they are playing long game to benefit them not the SP, not the profits.
I'll be surprised to see SP at 2.40 in next 5-10 years. no point.............there are other opportunities else where.
Happy trading. DYOR.
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