Hey hardmano,
I exited some yesterday, but still hold a few (my average entry is 0.205). Certainly seems to be two camps regarding BLY. Some are saying this is the buy of the decade, while others are saying the outlook is going to get a lot worse and this is still yet to be reflected in the share price. Markets are forward looking so I guess we all have to ask ourselves how much doom and gloom is factored into the SP?
Most brokers have downgraded their price targets, but still see a fair amount of upside in the SP. But the SP is getting to a level where you would have to be asking yourself why sell (especially if you bought higher up)? The sellers if they are short will eventually have to exit their positions and buy back stock so we might get a bounce there. Man this was looking so promising for a good set up to head north wards... I really should of taken some money off the table when we broke 27c...
- Forums
- ASX - By Stock
- manipulation
Hey hardmano,I exited some yesterday, but still hold a few (my...
-
- There are more pages in this discussion • 22 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)