Cline Mining Corporation T.CMK

Most Recent Jennings Report

[courtney10]

Hot off the presses today.   The analyst over there has reduced his one year target from $6.50  to $5.50.
2011 production estimate has been reduced from 700k  down to 300k. 

On the positive side, he has reduced his estimate for transportation cost/ tonne. 

Rates the stock as a speculative buy.

This could be the reason for the selloff in the past 2 days. 

[sigs]

These analyst are always behind the times, the report is not based on new news, it's pretty much based on the last cmk report. I don't see it as a market mover, we all knew the updated production guidance from a while ago.

[Caerus88]

sigs wrote:These analyst are always behind the times, the report is not based on new news, it's pretty much based on the last cmk report. I don't see it as a market mover, we all knew the updated production guidance from a while ago.Of course it's based on old news. There hasn't been any new news. Very dissapointing.

[pastafagoli]

Noone listens to these guys - if anyone did the stock would not be at $2 as their target was $6.50.  It looks like to me that Jennings juiced up their target to $6.50 right before the financing to ensure they would participate (and they did) in the underwriting.  Either way they missed the financing or "buried" it - In the new report they up the coal price in their model from

[artco]

I agree with you pasta we all need to wait till the trend reverses with some news. James picked liquidation world on BNN and the stock tanked down 97% Smart man!!  Artco

[straightbull]

Averaging down is a good strategy when the fundamentals of the company are still intact. Unfortuneately, some of the fundamentals have changed at CMK, and management have been too tight-lipped about what is going on. Hence no averaging down for me right now.   

[Wolfhunter2]

Lots of manipulation happening rite now with cmk . Some ones has the inside track on something again .

[pull1]

The whole stock market is in downtrend.  look at gce, they are down to $7.50 from $11.92, Tck from$64 to $44, it is the bear market, do not blame cmk, people who bought cmk for 0.59 per share have nothing to lose, they sell and then buy back their shares at low price when they scare you enough to sell yours.  That is the name of the game.

[artco]

Damm good point!!!  artco

[copprbug66]

James  has made a ton of blunder stock picks on BNN over the last year.