Agree, strange timing to come out now with such a big call and large TP shift on what appears to be no news. I haven't seen the full research so can't comment on its quality, but can help but suspect that it is base 100% on analyst opinion (and not on any specific information). The other brokers [and the company] remain silent...
I have been buyer in the high 1.70's as well... although i would like to see some more positive news from the company to give me comfort that things are on track here.
In the absence of anything tangible - looks like the shorts / institutions / bots will continue to play with this one...
macquarie goes negative on acr, page-4
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