Now they downgrade ERES. Why didn't they downgrade at $28. They will not tell you when they sold. Are they now hoping to buy at low prices as they scare the little investor? They can't scare the big boys. Look at Goldman's holdings at end of Sept.
Selling with both fists? Not sure what that means. Firms keep their trading operations seperate from their money management ops. Firm's don't even trade proprietary orders on their own desk. As I've explained before, their trading ops depend on their customer order flow.
ceoCast doesn't upgrade or downgrade, because they are not a research firm. They are a PR firm. They issued positive comments about ERES because they wanted the stock price to go higher because they owned a sizeable piece. Plain and simple. Everyone turned a blind eye towards it as long as they made positive comments.