Longview Oil Corp LGVWF

CIBC recently reiterated $5.40 target. Why?

[terroir]

Does anyone have detailed report?  Their peer review weekly shows LNV well on all metrics, so why the low target?

terr

[BlueCollar51]

CIBC has discontinued coverage. Due to a reallocation of coverage, we are dropping coverage of LNV effective October 4, 2013. Effective with this note, our last rating, estimates and price target should not be relied upon going forward. All figures in this note are up to date only as of our last published note on the company dated August 9, 2013.

[terroir]

Better to say nothing thN spew garbage.

[itsalie]

at the rate it going $5.40 might be right.. not sure why this one is trending down while other oil stocks are trending up

[james1050]

oil is up over 100b so Q3 should be ok

[terroir]

Q3 results after market on November 7 Stock trades ex-dividend on Tuesday next. Last quarter's results were released August 9, share price appreciated 30% in weeks following. However that corrresponded with hot oil price action. Q3? Drill results should be on track, although wet weather extended into July in Sask. Revenue per bbl without effect of hedge should be

[itsalie]

it would seem the institional players are not expecting a great quarter?