RE:RE:Marathon Gold Needs To Be Stripped of "Strong Buy"theCurse wrote: NLMoose wrote: With Marathon Gold stock trading at close to record low levels, perhaps now is the time for Investment Rating agencies like TD to strip the company of its "Strong Buy" recommendation.
Mathematically speaking, based on the average investor analyst price, Marathon Gold stock should be trading well over $1.00 a share or even $2.00 a share, not a record low price of 55 cents a share.
Even Kraken Robotics deserves better treatment than Marathon Gold.
That's about the most illogical post in recent memory. So if the SP was a lot higher and closer to the target, that's when it should become a "Strong Buy"?
tC
I haven't been following analysts price targets on MOZ (or any other stock for that matter) because if these analysts make mistakes, there's always the announcement of share price target "downgrades" in their back pockets. Curious as to what 12-18 month price targets these analysts had for MOZ say, 12-18 months ago, and whether they downgraded their price targets since then...?
Secondly, if MOZ has been such a bargain over the past few months, where's the insider buying? If it's discovered no insiders have been buying even at 0.55, that speaks volumes as the last time the share price was this low was 7 years ago.