IMV, this goes to $40 in 5 trading sessions. Buying and holding. Price target was raised by yet another analyst, JMP Securities, to $42
Sentiment: Strong Buy
this stock simply sells off daily after initial uptick. cant seem to hold on to gains... and then tumbles when market turns. This should be a fifty dollar stock by now. what gives???
BX is one of the cheapest fast growing stock out there. I think it deserves to trade at 15x and that gives it a $45 price target (that is my price target).
That is due to traders locking small profits. If you are long-term investor watching one stock and worrying, then there is no help.
After the traders can do what they are doing, BX will move higher and traders will double up. This will go on like every time BX consolidates, jumps, back to profitaking.
Traders are trend followers and can't fight the trend.
Yoiu are smarter than traders.