BLY 0.92% 54.0¢ boart longyear group ltd

watch out the tide turn, page-9

  1. 7,495 Posts.
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    These are the big boys game plans, and just like you I am guessing their moves most of the time.

    It seems like they are reluctant to dump stocks below their converted prices atm.

    However, based on my observation of it trading patterns... Big sells are often dropped on the market out of no where, when the buy side is building up to a sizeable volumes.

    I just cannot rely on the on market sitting sell or buy orders to make a call, buy just watch and see.

    I don’t have a glue what the debts holders are planning for the company !.

    So just keep your eyes on the stock trading before calling a bottom. G luck
    Last edited by ML173: 07/11/17
 
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