Building Materials (BLG) Is Receiving A Much Needed Rally Today

Building Materials (NYSE: BLG) is receiving a much needed rally today. In the past three months, Building Materials has fallen over 60%. Today, Building Materials is up 15%, which is probably pleasing BLG's largest shareholder, Chapman Capital's Bob Chapman. However, this may be too little too late for him because Building Materials was rumored to be bought out in the $13-$15 range. People who know Bob Chapman knows he doesn't give up easily, so I would continue to watch Building Materials as volume spikes.

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