tigereyou are missing the point.we all have choices, but these...

tigere

you are missing the point.

we all have choices, but these analysts have more industry data, market data, market contacts, industry contacts and company contacts than you or I will ever get access to.

So it would be reasonable to expect a stab whats a fair valuation even in grim times.

This guy was bullish one month ago with a buy target of $6.03 and now comes out with a sell target 0.83. What changed is his thinking in a month?

Did he just realised that there is a financial crisis or did he just relised that this financial crisis is actually serious?

I don't hold... i would be cautious of debt loaded companies...but the horse has bolted on my concern...we should have been cautious beginning of last year when the word subprime started to get some media air time.