I probably shouldn't say this, but Patersons have a reputation to maintain - and it's not a good one.... ;)
Anyone familiar with the way they screwed NAV would know just what I'm talking about.
So to be fair, one shouldn't just complain when they post negative assessments - the same credibility problems should apply to positive ratings too. As has been suggested - this could be the pump before the dump.
Would be much more convincing to hear ratings like this from Morgan Stanley, our biggest shareholder, and biggest lender of our shares to hedgies for shorting.....!!!
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I probably shouldn't say this, but Patersons have a reputation...
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