have a translation of Paterson's report:
What they say: "UMC - not covered"
What they mean: "We're still loading up on this one. Please don't buy yet."
What they say: "BUY"
What they mean: "We've had our fill at lower prices. Now you can buy some too".
Ny thoughts exactly Joel.....
be silly to put out a general buy before they fill thier/thier clients pockets