FAR 1.01% 50.0¢ far limited

Alright, alright, alright. All I said is I'd take what BP...

  1. 4,929 Posts.
    Alright, alright, alright.
    All I said is I'd take what BP predictions based upon ooo precis are just hurry up and get there.
    Here is my view on Broker reports and I am not saying its true in this case but its a great rule to follow if you wish.
    1. Usually the broker needs to say what he has to as appointed broker - Its not advice.
    2. A friend said to me many years ago, when a broker report is released the company is ready to offload stock. The more broker reports the merrier. That is not to say they wont buy back in by the way. take note and see whether we see selling. It wasn't long ago this stock was in the 5c range.
    3. Never believe them, they have a purpose for the broker not for the bloke on the street.
    All IMHO.
    I am interested to know what BP said the price target would be in their report 12 months ago....bet their is no mention of that in their latest report.
    OOO this is not a go at you, its generalising about brokers reports.
 
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