BLY
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0.00% $2.91 boart longyear group ltd

thought on price rise, page-8

  1. Bonehead1000
    3,690 Posts.
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    18/12/13
    20:47
    Post #: 12717915
    Hi AgentSmith,

    I think it is just that the sector has been turning and BLY with it.

    BLY has a correlation with its sector of 0.95 over the last 60 days. A perfect correlation is 1.0 so that is pretty impressive. So if the sector moves up BLY should move with it in theory until it delinks itself.



    BLY Price at posting: 36.0¢ Sentiment: Buy Disclosure: Not Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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