Not real,
I'm not aware of the tsv story, however I would take ANYTHING a broker says with a massive piece of rotting salt.
I use to get the Goldman sachs report every arvo as my gf worked for a fund manager... Anyway whilst having some great historical research, the amount of contradictory Info they gave was scary.
IMO, whenever they initiated coverage on a stock, it generally occured after a buying climax had just occured, basically allowing them to prop the stock up long enough for them to sell in to the highs. Lynas and iluka IMO are top examples.
Does a buy recommendation really represent a great shorting opportunity?
I remember earlier this year, about June, speaking to broker from hartleys who said they advised clients to take profits at 18 cents.
Good on them, however what's there sell out price at the end of this summer,,, 25 cents?
Charlie aitken is a bit of a classic too. lol
But anyways, bring on 27 cents! :)
Go Australia!
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