RE:Pay attention to analysts
Seelow7 wrote: Still one analyst out there listing ATH as a sell. Two HOLD. Strange.
Not surprised at all. There has been little to no coverage of Ath by analysts all the way up from 11 cents. Any SELL rating has been embarrassingly WRONG. So these guys won't cover ATH or any other former penny stock until they are, or are about to become, a meaningful client to the corporate banking or investment banking groups. Ath and all those same penny guys have made it abundantly clear there will be no big fat commissions or fees for the analysts to compete for. So, no coverage beyond a very few stalwarts that will stick with a "hold" and just keep revising the target up, after the fact. When it trades near or above $5, the targets will inch up again.
Pay attention? To what? I would say when we see 6,8,10 and throw in a few big dumb American brokers covering ATH, we may be nearing a cyclical peak for the whole industry but until then, there really isn't much contribution from any of them. Sorry, we have to do our own homework.