Post by
ALLEN4 on Oct 12, 2012 1:35pm
ten bagger target price
Not too often you see a target price which is a ten bagger; usually an analyst would not feel the need to go out on a limb to that extent. Afterall, anyone targeting a double from here would be vindicated and could then revise upward as the share price increased. In this case the high end target is $5.71. Even the low end target at $1.40 is almost a triple. I wish there was a way to find out which analyst is targetig $5.71 and if he or she has a corresponding report.
Comment by
Mick16 on Oct 12, 2012 1:40pm
National Bank just lowered their target price from $4 to $2.25 but maintained an outperform rating on the stock.
Comment by
4x4 on Oct 12, 2012 2:13pm
National Bank doing a fair amount of selling...
Comment by
4x4 on Oct 12, 2012 3:00pm
4x plus your money must not be enough so they are selling....lol???
Comment by
VentureTrader1 on Oct 12, 2012 3:50pm
They're very altruistic - taking a hit so others can have the upside. That's what's so nice about the market - it's such a caring and sharing place... Anyway, at least somebody's selling, doesn't matter that much who it is.