GREY:ADEXF - Post by User
Post by
greenandgoldon Sep 06, 2011 2:05pm
229 Views
Post# 19014982
Where are the Analysts
Where are the AnalystsIf this company is so good why does only one analyst, from Jennings Capital, follow the stock (and I'm not sure if Jennings has full coverage of AXI)? Where's Dundee, Cormark, CIBC, Desjardins, Haywood, RBC, Canaccord, Casimir and all the other Canadian brokerage houses? Where are the analyst reports, the one-year price projections, the buy/sell/hold recommendations?
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Analyst coverage matters. Positive analyst reports lift the stock price by bringing in new investors. The brokerage firms that employ these analysts can then do favorable private placements at higher stock prices. Cash flows in, mines get built.
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What about promotion? Are there any well-respected people out there, paid or unpaid, talking up the company? Any newsletter writers?