Brian AckerLast stock in the clip. IMHO, he's becoming a bit of a joke. As you can see from his comments below, he has a $90 model price but following a lot of gibberish, he only sees it getting to $51 in the short term, however, he still doesn't recommend it. GLTA
https://www.bnn.ca/Video/player.aspx?vid=825120
CXR-T 2016-03-09 DON'T BUY Brian Acker, CA
A tough one because a lot of people don’t understand what happened to this company. It was trading at about $115, and all of a sudden here we are at $42. The company did an acquisition that was too big for its balance sheet. They substantially grew the balance sheet relative to the earnings they are taking in. Now they have to work their way out of this big acquisition. There is a lot of goodwill on the balance sheet. Has a model price of $90, but if you are bullish on the stock, the best he can give you is $51.
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Price:
$43.170
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH on US$
Owned:
No