JPM downgraded DNDN on May 24th ...five days before it gapped up and the high was double the previous day.
BTW..JPM set a targer range in the up coming months of 8-10 dollars. Pre Approval ...trading range. That is all guess work ...the JPM analyast was very positive on DNDN.
If it was downgraded, then buy. Always do the opposite, down grades are usually put out so the m&m's can accumulate the weak hands prior to something coming up. Such as a partnership which is forthcoming and should give us a jump! Good luck all.
you are so right, i am big in to sndk, after i bought ,got tons of downgrades went to 30's, at 52.76 right now,thank you very much- glad i didn't listen to the analist, it is only them wanting cheap shares, don't play their game, hang on.