pilbara iron ore developers patersons, page-2

Completely biased research report.......

Of course BRM is a buy....they just raised $100M for them!!

Does that mean BRM are the best value proposition out there??
ABSOLUTELY NOT!!

With over 20 years of exposure to the market at various times and levels, over half with brokers, one thing I have learned is that broker recommendations don't mean a hell of a lot and are far from independent advice.

Patersons are no different..........I know I was with them for 13 years.

I tell you what. If brokers spent half the time as some people on this thread researching companies instead of listening to in house analysts BIASED recommendations then they themselves may have been buying UMC between 26c and $2.

And if they are such experts, why are they still working playing with your money instead of sitting at home playing with their own??

I'm sure the mums and dads who got convinced to buy into CNP, ABS, AFG, MFS, and more recently BNB, BNP, BPP etc have high praise for the advice given to them..