VerticalScope Holdings Inc T.FORA

Down, down, down goes FORA, sinking into the Fabulous 5's...

[PitchinPennies]

I predicted this low-water mark would be acheived by Thanksgiving (though I didn't necessarily have the date of the U.S. holiday in mind.) But here we are, with plenty more room to plummet. I think the Raymond James view of this stock is totally bonkers. Three reasons why I have that view: (1) The company products are generally not good, (2) The business vision is 20 years behind the times, (3) Everything Paul Rivett touches turns to dross.

VerticalScope (TSE:FORA – Get Rating) had its price objective reduced by equities research analysts at Raymond James from C$26.00 to C$20.00 in a report released on Friday, BayStreet.CA reports. Raymond James’ price objective would indicate a potential upside of 183.69% from the stock’s current price.

Other research analysts also recently issued reports about the stock. Royal Bank of Canada reduced their price objective on shares of VerticalScope from C$27.00 to C$26.00 and set an “outperform” rating on the stock in a research report on Thursday, August 11th. National Bankshares reduced their price target on shares of VerticalScope from C$22.00 to C$19.00 and set an “outperform” rating on the stock in a research report on Tuesday, September 20th. Finally, TD Securities lowered their price objective on shares of VerticalScope from C$26.00 to C$20.00 and set a “buy” rating for the company in a report on Thursday, August 11th.

[Chefboy69]

Torstar sold this company and more for 60 million..Today market cap is 120...still a double not bad for the people at Nordstar so do some DD...when this IPO'ed i knew to stay away...but at $5 looking yummy

[PitchinPennies]

"Looking yummy?" Excuse me, 69er, but you're leaving the impression of someone with a few serious kinks. You may have overheard what actual investors say, which is, never mind where a stock has been; pay attention to where it's going. This one's going down to $3 by Christmas. Yummy.