So to put it out there is this going up or down? A month ago I bet your stats didnt tell you it would double in less than a few weeks. So whats your call 'now' (not after its happened) and well see the result in a few weeks or months.
My 'gut feeling' based on new market optimism, increasing price of oil, global sentiment and the fact I believe the reason for the low price was an over reaction is that it will return to sensible levels between 10-20 cents.
Lets not forget the directors quick buying up of stocks a month ago.
The stats Im sure will tell you what essensially is known anyway. i.e. the stock has fallen it is now heading back up. Sure it over extends itself with the buying so drops slightly but overall its heading upwards. I dont need equations to tell me this, I can see it on the graph and buying and sellings every day.
Go BDL!!!!
BDL Price at posting:
6.1¢ Sentiment: Buy Disclosure: Held
