RE:RE:Predictions-- predictionsLet's not forget that many analysts on Baie street work for brokerages owned by Canadian banks while the second group work for what are now well funded investment boutiques all belonging to IIROC- this later group like to be called independant firms. hahahahahahha
Most players in this broad group have the same reason of making stock recomendations with price targets. The house holds inventory in the company to "help promote it" and it's totally legal to buy and sell all day long as they (MM) see fit.
This small group of MM (we use to call them traders) - now use various algorithms to trade in and out. The main reason they get away with playing with shares is because IIROC allows this stuff to happen all day under the guise of providing liquidity.to markets.
With that said, GLTA
and don't despair. as long as BBD management continues to demonstrate astute navigation and discipline and continue to meet or even slightly exceed on all metrics at hand, the stock will remain in favor and nearly everyone can make some money. Never forget what happens to pigs......:)