RE:For all the dummies out there panicking and sellingSelfMade wrote: We were able to speak with CEO Mike Pearson this afternoon, following which we have increased comfort in our buy rating,” said Malhotra, who has a buy rating on the stock and a 12-month price target of $175. “Investors are frustrated with the constant spate of seemingly bad news regarding the company and the resulting sell-off in the stock; however, we urge some patience.”
John schector? Who is a more seasoned hedge guy who shows up on BNN had similar comments yesterday. As he said, they stressed the adjusted earnings down to $US 12 and still says it is a buy at these current prices.