RE: G&M Coverage:They heard ya SergeDibah,
Thanks for the post. I'd stopped reading the G&M. Good to see us get some recognition. Still should be more coverage though.
Now what about the analsysts.... how come the majority of analysts are still rating CGI a "hold"? They were rating us the same when we were at $7.
Come on guys.. this isn't just a blip or a minor spike... it's a 42% return on investment in a few months. How could you have so grossly miscalculated this?
Most analsysts have target prices well below the current trading price, and even as the stock price rises, they haven't revised their numbers.
Steven Li from Raymond James is perpetually negative. For some reason he seems to be regarded as the "expert" on this stock, but he completely missed the signs that we were heading to $10. How can he claim to be an expert but have so little idea about how the market values this company? Give his job to Ferrari.
What's your rating now, Steve?
As soon as this guy tells us to buy we should all sell. He's been wrong all along, so why start believing him now?
- Surge
P.S. $9.95 today... which according to my memory is probably the highest we've been since about 2004. Is that a 3-year high? Maybe somebody could correct me on that if I'm wrong.