BLY must hold the world record for the number of shares in a company - just over 26 billion shares. Obviously they need to recapitalise and a 1 for 10 or maybe 1 for 100 consolidation is probably in the offing. Those creditors that were forced to accept BLY shares @ 2c each in lieu of moneys owed don't want shares in BLY so most of them will readily jump out of the stock @ 2c. Now it seems that some are desperate enough to sell down to 1.5c. Should be a top opportunity to trade this stock between 1.5 - 1.6 and up to and including 1.9c eh!!!! I've got mine @ 1.6c and am in the queue @ 1.8c
BLY Price at posting:
1.5¢ Sentiment: Sell Disclosure: Held
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