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Bullboard - Stock Discussion Forum Wheels Group Inc GRFJF

GREY:GRFJF - Post Discussion

Wheels Group Inc > make-rubles:scotia bank downgrade?
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Post by greeneggs on Jan 15, 2008 9:50am

make-rubles:scotia bank downgrade?

That would explain a lot.
Any idea what they said?
thanks
Comment by make_rubles on Jan 15, 2008 10:14am
downgraded to 'sector perform' from `sector outperform' by analyst Trevor Turnbull at Scotia Capital on Jan. 9th. Good Luck!
Comment by loantech1 on Jan 15, 2008 10:15am
Wellington put out a target of 5.50 yesterday.
Comment by make_rubles on Jan 15, 2008 10:20am
And on Jan. 9th, same day as Scotia downgrade, Raymond James raised their target from 4.25 to 5.50. As far as I'm concerned analysts and banks are NOT your friends so I don't pay too much attention to them in terms of believing what they say. I find making opposite trades is usually more successful over the longer haul. Didn't Goldman Sachs say short gold in the high 700s? LMAO  ...more  
Comment by jarvis117 on Jan 15, 2008 10:26am
Amen! Couldn't agree with you more. All we have to do is look at the mess the so called professionals have created in the US. The tree is being shaken here. No one is getting my shares at these prices.
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