Post by
glimpse1 on Jul 17, 2012 6:42am
cibc raises arn to sector outperformer
anotherv upgrade from cibc world markets
Comment by
retiredcf on Jul 17, 2012 9:22am
Here's confirmation from last night's report. GLTA As of July 16, we are downgrading Baytex (BTE-TSX), Bonterra (BNE-TSX), Twin Butte (TBE-TSX) and C&C Energia (CZE-TSX) from SO to SP. We are also downgrading Anderson (AXL-TSX) from SP to SU. We are upgrading Arcan (ARN-V) and Pinecrest (PRY-V) from SP to SO.
Comment by
value1 on Jul 17, 2012 12:42pm
Pinecrest moving to the upside on volume with the recomendation. ARN slowly getting the volume. Double bottom. insiders buying. ready to go?
Comment by
teevee on Jul 17, 2012 1:22pm
I have a few comments on CIBC World Markets pump and dump: -previous trades indicates CIBC a steady seller -level two indicates a big line up to get off the ARN bus Conclusion: tax loss selling, when it comes in earnest, should take ARN to $1 or less.
Comment by
value1 on Jul 17, 2012 2:33pm
actually you are wrong abouyt cibc. they are net seller of 8000 shares today and net buyers of 90,000 since the beginning of the month.