Post by
jimmied on Mar 18, 2014 11:58am
Downgrade
TD Securities just downgraded STP from hold to reduce.
I really cannot understand the downgrade with the big runup yesterday.
Comment by
adamsight on Mar 18, 2014 12:02pm
Perhaps td has a short position
Comment by
freedom45 on Mar 18, 2014 1:19pm
Its simple. They had a hold at .18 and when a quick 50% increase happens you take profit and reduce. They follow the " a profit is never bad " theory. I don't agree with them but that's how I explain it.