GREY:CVHIF - Post by User
Post by
DiveEstheron Dec 19, 2016 12:55am
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Post# 25617865
The Noise and Chatter
The Noise and ChatterThere has been an unusual number of postings this weekend... particularly from basherville.
All this noise choices9*** is making about the Mackie downgrade. Big whoop -- all hot air. When there's only a single brokerage / analyst rating on this stock, then there is very little ability to gauge the relative sentiment or consensus from the brain-trust on Bay street. In fact, the lack of analyst coverage makes for greater opportunity for Mackie to manipulate the share price and serve their own near-term goals. If there were 5 analysts covering Convalo, there would be more financial and legal incentive for them to be more in-line with one-another.
Just as Mas stated, I wouldn't trust their 0.10 target as having any significant level of credibility or accuracy. Many of the posters here have done more due diligence and accuate forecasting than some pencil pusher at Mackie. Also, why all the fuss now – this downgrade was released over a month ago?
Esther