Kneedeep- I posted my sentiments at 4.0c that things were looking weak sp-wise for ST traders. I pointed out buyers were stacking up at 2.5c
BLT has a history of range trading between 2.0-3.5c over the last several months. Because I think major news is not imminent I think we will continue to see a retracement to the 2.5-3.0c trading range.
I disclosed that I sold out at 4.1c because of the above reasons. I want back in at a lower price but my wishing it won't make it so. I'm just reading the charts and taking the temp. A risk but a calculated one.
BLT is def one to invest in for the long term imo. I just think you can maximize your return with a better entry level sp.
If you're a LT investor and my TA read on things is right then sell your grandmother and buy some more :-)
Good luck!
BLT Price at posting:
82.5¢ Sentiment: Hold Disclosure: Not Held
