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Bullboard - Stock Discussion Forum Arcan Resources Ltd ARNBF

OTCPK:ARNBF - Post Discussion

Arcan Resources Ltd > cibc raises arn to sector outperformer
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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.
Comment by Buy_Lo_Sell_Hi on Jul 17, 2012 4:37pm
Thanks value1 ... teevee fabricates or miscalculates numbers all the time. He is a chronic, deliberate fear-monger. Not sure what his interest is in driving ARN SP down, but he seems bent on it. Wish he wouldn't post at all, since it's almost always misleading and wrong information. Is he a disgruntled ex-employee? Don't know, don't care, just wish he would get off of this ...more  
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