BLY boart longyear group ltd

shakeout not over, page-47

  1. 2,050 Posts.
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    RKG since when did the number of shares make a company good or bad?? Thats your only argument which i think is misleading and foolish please do some homework. Its all about the EPS that they can generate. Anyway so what if they have 4.3 billion shares? Will they go broke? THE answer is a NO!

    My sister was one of those who bought At $1.85 and she invested the same amount at 11 cents which brought her average down to 20 cents, now shes up 50% on initial investment after the GFC and she plans to hold for the LT.

    You are saying that buying this stock cheap and holding it doesnt make me a LT holder?? You dont even make sense

    You say weak opinions? you were the one who back flipped on BLY cos it was too volitile for you. Thats why you sold bought and sold and didn't make much form it.

    I have always held the same view on BLY and that is:

    Its a bloody good BUY.

 
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