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OCZ Technology Group Inc Message Board

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  • johnmr12 johnmr12 May 2, 2012 8:51 AM Flag

    Needham reiterates $14 PT

    FY14? This isnt your fathers stock market, where people bought stock as a retirement vehicle. In todays market, fund managers are only interested in their next quarterly performance. No big money is buying stock in a company that COULD BE worth over 3 times its current value in 2 years. Now if you believe their projections and you are willing to wait, then its a buy today. But it very well could be a better buy tomorrow. Oh, and analyst price targets are worth squat. Go research what happens to stocks after analysts raise their price targets. I would rather have an analyst rate a stock a sell, because then I know he or she alreadt sold and wants to buy back in.

 
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