RE:RE:Eight Capital: Buy rating and C$2.50 target price for UGEFirst of all 1Condor, for someone who does not own the stock of UGE you post your negative dribble here more often than anyone else. You are a troll preying on the fear of others because the stock is sliding down due to overall market sentimate not because of company fundamentals. I think I would take the research of 8Capital before your dribble.
Everyone here knows the stock is easily manipulated down as there is only 17 million ishares available for the market to trade. The other half of the company shares are held by insiders. That fact in and of itself speaks volumes to me about the confidence of the BOD and management.
The TSX, the Dow and the Nazdaq were all up big yesterday. That fact speaks volumes as well in that sidelined money is coming back into the market.
Take a hike 1Condor!
Muff