RE: Swamibill RE run up to its old highs. Well, granted the prospects of hitting 85 a share seem rather remote these days don't they.
I don't think you will see that kind of action anytime soon.
You never know though, in 5 years, if all goes well (knock on wood), you might see win rise to its potential, a return to the 80's or even more.
I truly believe in the promise of wireless, and win has a better than average shot at the title.
With regard to the research capital report, if anything, they may be a little conservative.
Gone are the days of the wild predictions of 200 a share (CIBC World markets i know). Perhaps in recognition of those days and the utter BS that they were, you are not going to see any talking head make any huge dollar predictions any time soon.
Win has been banging on the $2.00 a share price tag for some time, so RC did the obvious, duh, i guess 2 bucks is a little low.
Research Capital also has a fair chunk of its own money sunk into win. I believe they bought into a special financing deal a while back with CIBC at $7.75 CAN.
So they have a vested interest, unless they have sold out in the great crash.
Win needs to make some money soon, and you will see a lot more than $2.75. They know it too.
They are just being cautious, which is fine by me.
cheers
good luck to longs.