GREY:NOVUF - Post by User
Comment by
counterintuitive247on Aug 26, 2013 9:08am
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Post# 21697119
RE:TD downgrades from a buy to a hold
RE:TD downgrades from a buy to a hold TD downgrades novus. now thats what id call trying to manipulate through opinion.I'm sure they would like a position back at 75 cents again. Not many of the analysts expected Fridays release about an exclusive bid come to life. One good thing about the tightness of the bod is that the slim inside traders finally didn't know something. This Stock is a minimum 1.15 .
Debt down from 90 million after Q1 to 75 Million. This alone should have signalled to banks that Novus is a profitable company. Q2 is always flat and the sask area where Novus was drilling was really wet during Q2.
Make your buy decisions off your own due dilangance .