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Swift Energy Co. Message Board

  • rtb_00001 rtb_00001 Nov 2, 2012 9:20 AM Flag

    More downgrades

    Nov 2 (Reuters) - Swift Energy Co :
    * RBC cuts target price to $32 from $36; rating outperform

    Nov 2 (Reuters) - Swift Energy Co :
    * Jefferies cuts target price to $25 from $35; rating buy

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    • If you make your buys and sells on analysts upgrades and downgrades. You are playing a losers

      • 1 Reply to baumanncynde
      • Analysts are far from perfect. However you can't claim analysts don't have impact unless you expect people to follow blindly your words. Lets remember that many pension funds and mutual funds follow recommendation TRENDS and patterns or brokerages and also, those analysts work for brokerage companies whose clients believe in those brokerages. Analyst downgrades may not cause a pension fund or broker clients to sell out to 0 shares, but it can certainly influence their percentage of holding of it OR alter its category of risk tolerance.

        to say your stock price today isn't influenced by those analysts is not correct or accurate in any way. right now SFY does not lead the pack in quality in the E & P grouping, in fact it is contra to the patterns of many of the best ones regardless of size.

        simple logic is if you are investing and not gambling and you have a choice of 10 succeeding small e & p companies with considerable reserve and production growth - or to choose SFY - you're not choosing SFY unless the price gets several dollars lower or you have special inside information others don't.