Hi, Papillon -- I have checked and re-checked and, sorry to say, the Goldman recommendation "news" is erroneous -- at least at this time . . . not that it couldn't happen down the road, but nothing has been announced by the firm yet.
Still, there is a strong likelihood that other analysts are now, or will soon be, picking up coverage of the company/stock given the recent fundamental developments (GM/IBM/GSN/NUAN, internal hires, growing investor interest in VR/VUI/ASP/CRM, etc.).
But in the meantime, let's not underestimate the implications of Dain's Buy recommendation. . . seems to me this could be a major inflection point for GMGC, serving to improve the comfort factor in buying/owning the stock for both individual and institutional investors. It's very important for many such investors to have Wall Street coverage of a company and an earnings model to justify purchasing/holding a stock. And now GMGC has both.
Best,
ea |
