I am definately still in (@39c). It looks really cheap now. Then again so did ERG......
There are heaps of bargains out there at the moment. Some will go bust but with a bit of diversification the winners will hopefully outweigh the losers. I would never put the lot into this one but I'm very happy with it in my portfolio.
I've seen instos buy into dead ducks and I've seen them bail from perfectly good stocks. And how about some of the ridiculous recommendations from "professional" analysts?. Trust your own judgement - not them.
The world has not come to an end. This is maybe just the correction we had to have.
Three years from now, we will all be asking ourselves why we didn't grab these and many others by the barrow load.
BLY Price at posting:
23.8¢ Sentiment: Buy Disclosure: Held
