RE:RE:BMO downgrade For what it's worth I bought a sampler of 250 shares yesterday at $7.50 after the initial plunge just to see. Obviously the selling wasnt done. But it's a low cost gamble that swims in the shallow end of my portfolio with all my other speculative investments.
I can wait, but clarity on guidance is going to need to be forthcoming before I add any more.
I do believe in this industry -- the companies within the industry are a different story. However, odds are at least one of them will succeed.
Maybe it'll be ANRG.
templetooth2 wrote: Say, Possible, was there any commentary on that BMO cut?
Scotia's first glance was simply a cut and paste of co. release. There was no change to their target, though I expect that'll be coming shortly.
Leaving the market high and dry without guidance as to when various projects are going to start up is a very poor move, in any market environment.
At this point, throwing money at this name, as I am doing, is simply a faith story. Faith that Dr B will right the ship. Not much else to go on.