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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?


To: Sergio H who wrote (20957)9/18/2000 12:45:09 AM
From: Ken W  Respond to of 29382
 
Sergio,

"Gruntal a sell side analyst"

That does not make any sense, to me anyway. Why would an analyst sign on with a company, collect fees plus take a positon in the companies stock if they are aware of something go to wrong? If the analyst were short the company then I could see it, then there would be a downgrade, not an upgrade!!

In the case of DRAX there are things developing nearly every month now. They are about to break into the US Markets increasing sales. The stock makes higher highs from each new release of information and the volume has remained over 100k per day for some time now. DRAX IMO looks much like IFCI did when it was at 3...before it went to 27..

Sell side analyst.........pooh!!!!

Ken



To: Sergio H who wrote (20957)9/18/2000 1:08:26 AM
From: Ken W  Respond to of 29382
 
Sergio,

Some notes from Gruntal and Co. re: DRAX

multexinvestor.com

Ken