My only problem with broker targets is that i haven't seen one meet a target yet (the ones ive kept an eye on anyway). My greatest problem is that brokers give a buy recommendation and a target of say $4, but nil timeframe for the SP to achieve this.
Should they say $4 in 6 - 12 months then I'm in. BUT just BUY and target $4 means nothing to me as i've been stung before.
I think BLY is a great investment but i have a gut feeling that it may retrace a bit from here.
good luck to all that hold i hope it exceeds brokers targets but i wont hold my breath in the ST
BLY Price at posting:
$3.77 Sentiment: Hold Disclosure: Held
