RE:RE:RE:Price Target Cut
no offence here ratsnake, but your current thesis is that if there is a recession, sell the stock as ads are effected by a recession.
that thesis is pretty much applicable to just about any stock so im not sure where the insight is shedding any light?
the houses all reduced their targets by 15% or so to reflect the very issue you raise, so i don't understand your other theory they have been blind to economics??
the stock does however currently trade at a level that is attaching no value to the possibility of any growth, let alone an accelerating rate of growth as it pulls out from under the grip of the previously elevated leverage.
ratsnake220 wrote: ON RECORD....as a ad agency guy.....i slammed the buys and particulatly the TD analyst who always was 20% higher than others because they have a relationship with Corus....so let me repeat this...SLOW DOWN IN ECONOMY.....AD STOCKS GET CRUSHED.....What are the bulls possibly seeing,....this should be a outright sell....i said it a year ago and i will say it again