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  • jr_trader jr_trader Jun 21, 2013 9:04 AM Flag

    4 months ago Bank of America upgraded ZNGA 12 hours before earnings

    Not many institutions do that. They are not to be trusted.

    Sentiment: Strong Buy

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    • "As previously reported, BofA/Merrill downgraded Questcor to Neutral from Buy. The firm remains positive on U.S. Acthar growth but believes share risk/reward is balanced. Price target raised to $51 from $46." - from flyonthewall

      Downgrade while upgrade price target by 10 percent??? Logically, they (BofA/Merrill) look like fools.......someone must have called a favor to have this issued, and on the same day that another (Oppenheimer) upgrades to Outperform....can't have too many people liking QCOR! So let's raise price target by 20 percent and declare 'Outperform', you raise price target by 10 percent and declare 'Downgrade to neutral'. If 20 percent is Outperform, would not 10 percent be Perform, and 0-5 percent increase be neutral? Fools.....miasma of manipulation still lingers.

      Sentiment: Strong Buy