RE:ConjecturesYep. They all say the same things . " the stocks in this industry used to trade 8X blah blah now only 2X . " Yes, when fossil fuel was in vogue and everyone wanted to be part of the action . That has changed , likely permanently . It is toxic waste for many investors, both private and hedge funds. The predictions of WCP are lofty . $ 15-$18 in a year ? What is going to propel it there? We just got a 32% dividend raise, a renewed promise of 0.73 /year and a big nothing happened on an oil up day. I hope I'm wrong but I feel it'll only attain $ 15 in 5 years IF the price of energy remains high. A slow creaky escalator up and a supersonic elevator down. I absolutrly love the prospect of thinking it'll be $ 18 soon but my spidey senses are tingling and saying that likely will not happen. I bought some AQN on the advice of analysts and holey cr*p were they out to lunch on that pile of excrement. Luckily it was a small amount but yes, they should be liable for their incompetence.
WINDGOD46 wrote: I take issue with these so called "analysts" who always pontificate on the price target of equities and they never hit the target or even coming close to it.Wonder, don't they have any shame or remorse of their blunders? Don't they realise that there are people out there who take them seriously and get burned. But I suppose they do not care as long as they get paid for their 'predictions' by the companies whose stock they rate. So, folks beware the "analysts" bearing gifts.