Guys I know this is kind of a dumb question but assuming that the worst of the financial crisis is over and there is no further meltdown and the markets function normally over the next two year then....
What do you think the price of BLY might be in two years time?
My guess is 80 cents plus...am I being unrealistic?? I think emotion is what controls the market a lot of the time and so this is based on:
Previous high of $2.40 divided by 2 to allow for dilution = $1.20 minus about 40 percent because the markets were a bit toppy anyway when it reached that peak.
Would welcome anyones thoughts
BLY Price at posting:
$3.05 Sentiment: Buy Disclosure: Held