I agree, BLG's press lately has been extraordinary, with today's...

I agree, BLG's press lately has been extraordinary, with today's Bulletin the icing on the cake.

Speculator stocks in severe down markets usually form a 'base' on the very worst down days (like today), then proceed up smartly once the big down day is over.

See ORH two weeks ago: it stayed steady on that 150+ points down day (a Wednesday, like today) then proceeded up nicely.


ORIGINAL TEXT:

David Haselhurst in today's Speculator column in The Bulletin magazine picks BluGlass as this week's recommendation, "as punters warmed to its next-generation lighting story aimed at slashing carbon emissions".

There's no denying the good timing of BLG's revolutionary lighting product, right when the world is finally waking up to global warming, and the likes of the EEC and (even, gasp) John Howard are banning incandescent lightbulbs.

Haselhurst pointed out that last week BLG soared to a new high even in the midst of a jittery market.

That augurs well for the next week IMO. I note that this morning's large market pullback has kept BLG's price low, which is unusual for day 1 of a Speculator recommendation. I.e. you can still buy it without paying the 'Speculator premium'.

As all Speculator's recommendations have shot up lately, even in the midst of the major correction days, I doubt this situation will last long.