"Why does this stock always go sideways ?" I think you may have...

"Why does this stock always go sideways ?" I think you may have posted on the wrong stock. Have a look at the C Price Chart, and you will see that not a long time ago it was trading at $2.64, and it is today at the $3.90 level - which represents close to 50% growth.

I 'd like to see more of these sideways...

That said, the $4 resistance seems to be a very strong one, and I am not sure what would be required to break it. Obviously some good news wouldn't hurt, and like many of you, I am also surprised we didn't get any over the last few months. You would think that with all the explorations happening, BLY would have had a great H2 2010, but not a word from them.... Hopefully, they are going to surprise us in the next few days / weeks...