RE:RE:RE:TD CPG target of $9 Canadian in next 12 monthsGrandcentral wrote: Because it's a 12 month target, not a 'tomorrow' target.
If you are on a road trip, your navigation system (call it an analyst) will constantly update your ETA. Yes, and it magically knows this even before you arrive.. why can't people understand a TWELVE MONTH TARGET?? Targets adjust based on progress, insight, and are predicting THE FUTURE stock price. Wait until hedging adjusts and new production numbers are realized - then you will understand.
And yes, stocks also trade into the FUTURE, so don't be surprised when the stock runs up in anticipation of what's around the corner.
GLTA
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Ok following that logic.... go back 12 months .. or go back 24 months ..and post the targets ... and compare to the current SP ...then you will realize you are lost.... or either in the desert .. or your nav system directed you to drive into the lake.. lol ..