"But it's a broker rating, it means nothing."
Yes exactly... Over the yeas as a trader I have lost count on how many broker reports get it wrong time and time again...
To me they are nothing but glorified car salesman!! And the suckers who choose to believe it get burnt!!
Also the broker which is recommending a buy is in fact the one manipulating the stock by using bots,iceberg trades to short etc etc... Don't be fooled by them!!
For me it's simple if a company is not making money and burning money it is a dog!!
And I don't buy into this nickle price will or should be higher in so many months..Fact is commodity prices are driven by lots of macro events and who know which way the price will go.... To me that's a good investment strategy....
MBN has always been a high cost producer and I can't see that changing.....
Nothing but a trading stock now...
- Forums
- ASX - By Stock
- MBN
- brokers recommendation sp targets
brokers recommendation sp targets, page-37
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)