RE:ELBM
Price Target
$7.34
(223.35% upside)
If only it was that easy, I'm guessing there would be no excuse for loosing money in the speculative markets. But seriously, when was the last time you noticed a projected future price for a stock at any investment house or business program that was lower than current price (for the benefit of short sellers). It's just not how the business works. And I guess it could also be justified by the decreasing value of fiat money over time. And who are the 11 analysts cited? Also noticed how the article describes ELBM as "operating a refinery". Not quite accurate but then again sometimes accuracy is an illusive concept in most projections (think governments and deficit projections).