With the Vale situation leading into increases in IO leading...

With the Vale situation leading into increases in IO leading into this huge SP appreciation in FMG, etc, etc - the analysts have scrambled to protect their back sides. Updated summary below:

Goldmans | Paul D Young | neutral/attractive | $5.10 | 31/01/2019
Renaissance | Johann Pretorius | buy | $6.00 | 30/01/2019
Shaw and Partners | Peter O'Connor | buy | $5.60 | 30/01/2019
Global Mining Research | Tony Robson | buy | $5.50 | 30/01/2019
Morgans Financial | Adrian Prendergast | hold | $5.45 | 30/01/2019
HSBC | Anshul Gadia | buy | $5.75 | buy | $5.75 | 29/01/2019
MorningStar | Mathew Hodge | sell | $3.80 | 29/01/2019
Evans & Partners | Andrew Hines | negative | 29/01/2019
Jefferies | Chris Lafemina | buy | $5.50 | 28/01/2019

I have been following this stock for over 5 years through the peaks and troughs. All I know is that these group of Einsteins are nothing but 'after the fact Harries' who just follow the SP movements AFTER. Their job is to determine their 12 months guidance. For example last time FMG hit $7.00 they all upgraded to BUY, stock went to $4.00 and their research performance tanked. Hence why we shouldn't be surprised that the rare few have the balls to now start getting negative at this price level.