GREY:MBLKF - Post by User
Comment by
nerzaaon May 13, 2013 10:01am
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Post# 21384741
RE: bmo analyst downgrades MB
RE: bmo analyst downgrades MB funny he initially targeted mb at $1.00 after recap back in 2010, which is $20 after the split. is he saying the recovery right now is weaker than what it was in 2010? if anything, mb is more on target to be back at $500M than ever before, which is likely to be reached before the original plan date of 2015. how could someone stick his neck out during the most risky period (i.e. right after recap), but pull back before the harvest season is beyond me. have no idea what's going on in his mind and the zero margin for error comment is nonsense, it's been zero margin for error for mb since the recap.
anyways. congrats to all the warrant holders who chosed not to convert using the cashless method.