BMN 3.65% $2.84 bannerman energy ltd

new haywoods report 4 dollars outperform, page-27

  1. 4,734 Posts.
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    Tibbsy,
    I am not canning Haywood's or the report,I just think its easy to bandy the SP around.
    The fact that they were paid means they cant be truly independent, not when they can gain financially from buying and selling the stock.
    Haywood's were appointed on May 18th 2007 (SP $3.55)
    BMN listed on TSX 19th Nov 2007 (SP $4.05)
    Haywood's would have been accumlating stock thru this time period and down to $1.30 in Aug 2007.
    It is in there own interest to give the stock a pump (well, lets say a positive outlook), especially to claw back some of the money they invested at $4.
    Theoretically, at some point in future,the SP may be worth $4 (and it will)or the $25 predicted by the capn lol, Currently,factually the stock is worth $2.05.
    cheers
 
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