Claude, Can $47 = US $33.251. We are almost there! What do we do if we are there by Fri? Twiddle our thumbs for the next 12 months? <GGG>.
Claude, here is a piece of home grown advice: don't believe everything you read;especially from an analyst. Where Levesque 6 weeks ago with NN at US$ 18 when we needed him? If his target price was 33.25 , wouldn't he have served his investors better by recommending the stock at 18 on it's way to 33?
Of course I am not too astounded by this because of my alter ego which is always looking for ulterior motives, GG. i.e. Does Levesque
have, heaven forbid,any ulterior motives? For example, his investors/clients are certainly not going to benefit by buying NN at 30 for it to go to 33. But what if Levesque thinks the stock in 12 months will be Can$60? Well then buying now makes sense. But where do you find the stock? ie.,how do you induce the current 9 smart) holders to sell"? Well, you tell them, " Oops folks, it's over"; " NN is only going to 33; better sell now...or else...".
Trust me on this one Claude,< GGG>,
TA
PS: for Can / US dollar exchange ( this can be confusing ):
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