BLY is traditionally a volatile stock, frequently amongst the biggest movers in the top 100. Fantastic for the derivative and day traders.
I see this as an excellent long trade opportunity and have jumped onboard for the ride, if my stop loss doesn’t trigger today only 2.5 hours to run, the upside of this stock far outweighs the down on that announcement in my opinion. When the investors have a chance to crunch the numbers after the close, (which are not too bad) I think some smart money will begin to flood into this stock.
I expect a strong rebound on the open tomorrow unless the world market gets belted overnight.
The Liontamer
BLY is traditionally a volatile stock, frequently amongst the...
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