BuyNHold, I sold out of BLY before it's latest run up. I was waiting, waiting, waiting for the run, but just couldn't figure it out, so I exited. It was only ever going to be a short-term play for me, but I found myself getting sucked in and I just couldn't find the rhythm of the share to trade it.
I'd been hoping for a quick resolution to the refinancing issue, with the consequent skyrocket, but now I just see an extended period of uncertainty. Sorry, for the gloomy assessment, but that's my 2c-worth (or should that be 6c?).
BLY Price at posting:
8.9¢ Sentiment: Sell Disclosure: Not Held
