MBL macquarie bank limited

apsect huntley, page-4

  1. MJS
    2,293 Posts.
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    jhamann ... your comment shows how lightly you follow AspectHuntley (and probably how badly you value stocks) - so you are probably better off not commenting on them.

    Aspect has ranges in which they will rate shares a buy, accumulate, hold ...... and the ranges are NOT static. They actually increased the prices for MBL sometime in the past few months.

    Aspect moving from a Buy to Accumulate simply means this: they think the current level is good value but there is probably time to buy. When Aspect calls something a buy they (rightly or wrongly) think some should be purchased immediately if you like the stock too.

    But buddy, it goes without saying that any one stock gets less attractive the higher it goes - hence the willingness to buy a stock at $2 should be less than the same stock at $1.50, assuming no new info is on hand as is the case with MBL.

    MJS
 
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