I believe that a lot of the analysts are just guessing... I believe they do little DD on this as they probably have a handful of other stocks they have to cover. I pay little attention to analysts and their input. jmho
>>>how can a company announce a contract 3x's its float and not move up by more than $10? Can anyone help me with this?? TIA<<<
I'm not sure I understand the "3x's its float" part of your comment but ASEI did get an out of left field $25M contract that caught us all by surprise. Even more confusing is that one analysts reaction was to CUT his estimate for this Q. Makes no sense at all.