Just goes to show how moronic that GSJBWere outfit is with their recommendations... a share is trading at 52 cents, they have a year end target of 80 cents, an appreciation of a mere 56 per cent... and they suggest to sell !!!... D'oh ...No logic in that surely!
i wonder if they have Buy recommendations on stocks that they suggest have a year end target much lower than current shareprice..!!
and by the way, i remember 6 months ago the chief investment strategest of Goldmans in NewYork, Abby Joeseph Cohen gave a year end forecast for the Dow of 14,000 (when it was at around 11,400) ... and of course it finished the year at 8,776! Thats only out by a whopping 5200 odd points, so just goes to show following these recommenadtions isn't much use
MMX Price at posting:
58.0¢ Sentiment: Buy Disclosure: Held
