Yes, I find this leapfrog from HOLD to STRONG BUY almost insulting because they had the hold on the stock while they should have been pounding the table. Now that the stock has gone up over 300% since the dark days of only 9 months ago they come out and say "HEY everyone, we think this stocks a STRONG BUY". If they had done any homework, if they knew anything about the company, the sector, and the future of this industry a few months ago, they should have at least had a speculative buy rating or something to that effect. Where have these people been?
Look, I'm glad they upgraded the stock but as someone who's followed the company for a few years I find this type of behavior, from someone who's supposed to know a little bit about this company, a little bit distasteful and totally ironic!
Just my opinion,
Michael |
