RE:RE:Raymond James: Underperform rating and $2.00 target for VLNSVery harsh analysis. When you consider the strategy here was to raise some cash and make an positive ebitda transaction in a space where VLNS wants to dominate. ie CPG space. Pommies a year ago was the beverage side of this
This is as strategic, and as good of a transaction that a small cap company could make. It is outstanding.
This analyst isn't just harsh, I think also daft is an appropriate adjective to use.
Raymond James..... aren't those the 1 or 2 broker offices you see in a strip mall between a variety store and nail salon?