You will find that the day traders will sweep back in on this stock and run it up to about mid-teens before they trade it out again. Very cheap after the recent report, however was doing nothing after the fall from 36cents early in the year. We will see if nobs is right or he is just nobs by nature. Blr does not trade like other stock. When the dow and other markets are going and other U stocks are running, BLR has stagnated.
Time will tell. Smart buyers would have topped up last week top bring down previous buy averages, which means they may trade out when the prices return to low 20's rather then holding on to see the prices push back over 30.
That's my opinion and I don't mind being shown to be wrong as unlike other people on this thread, I do hold 75% of my investment oportfolio in BLR.( Would have been more but no one wanted my wife on ebay.. Ha Ha Ha)
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You will find that the day traders will sweep back in on this...
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