RE:RE:RE:Beacon Securities increase price targethipfner wrote: Hmm. BUS is fundamentally overvalued now, by a long shot.
I'd certainly be interested in reading that report. Can anyone post it?
Still it is my largest position. The team has performed almost perfectly to their plan and have a multi-year headstart with their product line.
Very overvalued fundamentally. The company gets their ball rolling in the States, then announces a new line, the shill at Beacon hypes it with a unbelievable increase in target price and guess what? It hits the $3.00 resistance and retreats.......again. The easy money has been made here. It is abundantly clear that the market wants to see earnings, plain and simple. Until those official numbers (as opposed to projected) reflect a reasonable P/E ratio the SP will remain range-bound, $2.50-$3.00. Playing the swings is the only way to go at this juncture. AIMO.