RE:RE:RE:RE:RE:RE:RE:New personNope, never worked for BBI nor would I, just know the assets/industry well. The reason I'm ''hard'' on them is that I hate to see unsuspecting retail investors fooled, call it a chip on my shoulder from other flash in the pan type investments I've seen friends and family make only to be left with a capital loss.
If I could give any advice on listening to "Street Consensus" is to consider their motives, which leads me back to incestuous relationships. Comack and Haywood Co-led the $85 million equity raise, of which they get a 4.5% cut. They are essentially paid to pump the stock, that's why they list these outrageous "targets". Like it or not, this is how industry works. It's in Comacks best interest to pump this name so their included in the next equity raise (diluting shareholders BTW), securing another 4.5% clip. You want to talk about incestuous relationships, really dig into price targets of boutique brokerage firms like Haywook, Comark, Perters, GMP, etc, etc, etc. There is a direct correlation between higher "targets" and who led the last issuance.
Another good example is Leucrotta. Take a look at Haywoods target on LXE. The CEO of LXE's son works at Haywood as a IBanker. Think about that....