RE:Research Capital maintains $2.25 Speculative Buy.
Do the REAL MATH here as this is now a Post Split $2.25 target and reflects a massive down grade from their pre-split consolidation price target of $1.35. Now divide this by 5, and converts to only .27 cents...pre-split. CEO can spin this anywhich way he wants to deflect on these major set backs...encourage all to think about this real target as presented by CEO on his recent Dispatch and I assume on behalf of Research Capital . No official report out there..as far as I know. This is NOT maintaining its price target...its a massive DOWN GRADE... CEO likes to smoke and mirror this so called analysis coverage...and its so called maintaining a BUY...What a bunch !!!! If Research Capital really wanted to keep (maintain) their previous stated Price Target of $1.35, then that would have converted to 5x the last target...and equate to a $6.75 target....This is the fact and truth....Do the Math....This reverse split has confused alot of people ...