Thomson Reuters/Verus downgrades IMPAC MORTGAGE HOLDINGS INC from BUY to HOLD.
The idiot is a short seller looking for a quick hit. I can find no news at Thompson Reuters and I subscribe.
Sentiment: Strong Buy
where is the proof of this? I didnt even know we had anyone covering this company and def. didnt know we had a buy rating. despite the tech. and despite the run up I doubt anyone out there is willing to put a buy on the stock yet.
Why did they downgrade? Because of growth, earning estimates, valuation, etc? What are their reasons?