BLM is one of my favorite stocks - not for what it has done, but for what I believe it will do. It has everything...patents, management, FDA approval, marketing channels, great products...
BLM has been messed around by the FDA, and finally took them to court and won! But the damage was done...it delayed things so long that there is (was) a large group of shareholders looking to sell on any rally. But BLM has received coverage in a few newsletters recently, and I believe the shakeout is nearly over. Once that artificial ceiling is removed, hang on!
The investment community will wake up on BLM soon, because it is starting to generating good revenues! A lot of sharp marketeers hold it, and expect a move soon. MDS Health has bought into it BIG TIME, and they are famous for their astute investing.
IMO, if you want BLM you should grab it now. Under $2.00 it is an absolute steal!
Garth. |