I totally disregard predictions via analyst and broker reports. I remember reading a D J. Carmichael report on Crowd Mobile (a year plus ago) which indicated a target price of 68 c. Now trading at 15 c. More recently, Morningstar had a strong sell recommendation on Altium via the Commsec platform. Share was around $6.70. Now $ 9.20.
Yes, we all get it wrong from time to time but cant help think that an ulterior motive is often at play. Paid to ramp!
Rokewa
MBE Price at posting:
28.5¢ Sentiment: Hold Disclosure: Held
