BLY 0.00% $2.91 boart longyear group ltd

joining the dots for some unhappy people, page-3

  1. 8,720 Posts.
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    Probably a bit unfair bubwell.

    As I've said before I hold BLY long term but trade it short term as well.

    From a trading perspective the result today was of course disappointing. But hey that's the way it goes when you are trading, you have to accept that it may not always go your way.

    But as far as a long term holding perspective I think the report and outlook is very solid considering what its been through in the last 12 months.

    So while today may have been a disappointment in terms of the short term position I held (yes held), I'll continue to trade it as traders should - move onto the next trade when you see the right opportunity - and meanhwile let my long term holding sit a grow in line with the company's outlook in the next 12 months.

    Cheers and good luck all, SHarks

    PS: Market's looking negative atm but dont be surprised that BLY if not already may soon be oversold in response to today's results, making it a good opportunity once again...

 
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