So what's the big deal with a downgrade from strong buy to BUY? So Sprd puts out reasonable expectations for next quarter and then beats their eatimates and the SPRD will fly. Bet on it!!
your wrong and you have been wrong all along , this puppy is a sell , just covered my short position and over 2 million shares traded with a downward trend!!!
Bet on it? Is that what you do with stocks? No wonder there are so many bag holders out there.
JPM downgrade it to neutral and cut PT from 30 to 15. that's the story.All institution holders are dumping their shares.
Anal - ystsImagine cutting a stock from 30 to 15 (700 million of market cap in cut alone) based on a 10 million guide down