Re: Good ratings
You said: They issued a strong buy and a very favorable report when the stock was close to $30. Cutting to hold now without some good reasons would make them look pretty fickle.
Well, they already look pretty stupid for issuing that strong buy near $30, now, don't they.
Come on, Don, think like an analyst. Suppose you're the bright boy at BA-RS who's holding the TDFX bag. MONT just cut, and dumped a whole bunch of shares. There's two possibilities:
A: You're in on whatever the deal is that triggered NB-M's cut, and you're also going to cut. But first you get your friends out.
B: You're not in on the deal, and you're going out of your skull trying to find out if the NB-M guys know something you don't. If you find out something, anything material, you also cut. But first you get your friends out.
God bless, PX |