AED 0.00% 14.5¢ aed oil limited

usb versus the real and whole market valuation, page-3

  1. 884 Posts.

    guys, i wouldn't think twice about what the ubs analysts said. from memory they had a price target of about $7 when they were trading at $4, then they downgraded to $4 when it fell to $2.30 and then when it started plumeting to $1 (with no new news) then put a target of $1.10 and sell recomendation.

    analysts are completely useless. they first look at what price the stock is trading in the market, then make up a story and base their value on that. the fact is with no change in news they downgraded from $7 and buy to $1.1 and sell.

    when aed rebounds back to $4 this week, they will look like absolute clowns.
 
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