"Converted Organics Inc, a small-cap growth company in the basic industries sector,
is expected to significantly underperform the market over the next six months with very high risk."
Do they rest their opinion on historical stock action or do they actually know about the company?
Scenario 1: They are just an investment house and have to render an opinion based upon data only.
Scenario 2: They know principals and have actually talked to JB or others.
Scenario 1 is most likely in my opinion.
Hangin, can you either support or refute this? Can you provide a link so that we can evaluate this cerebrally and less emotionally?
Yo skiduddy! Finally something we can agree on!!! Of course it's scenario 1, no one on the face of the earth follows ths POS start up that could BK inside of 6 months. Institutions only own 1.4% of oustanding shares(oops, that's probably less due to dilution) and that's so they might be able to ask a question at the CC or get some pretty 10K and 10Q mailings. COIN is a penny stock start up with an infinitessemally small market cap that doesn't show up on anyone's screens.
Who? Oh These guys --
Converted Organics Inc: Stock Rating SummaryConverted Organics Inc, a small-cap growth company in the basic industries sector, is expected to significantly underperform the market over the next six months with very high risk.
ProShares are under heavy accumulation by financial institutions. Positive for a small company like COINConThe price-to-sales multiple is significantly higher than the average for all stocks in the StockScouter universe. Negative for a small company like COINThe price-to-earnings multiple is a negative number. No effectThe StockScouter measure of relative price change and consistency is very low
what a laugh.
"Company ramping up.", Josch...
Any news is good news. This is just knee jerk reaction to anything that resembles good news. What's the big deal? A local store set out a few green buckets for recyclable food wastes. That's all except for an agreement for collection and a promise of adding two other stores.
Sure it's a start of things to come, but for now, it is nothing but another expence for CO. Consider the necessary frequency of those pick-ups. Consider the distance between stores.
"Basher"?````Ouch, that hurts. I may need stiches. I may sue for medical expenses. (:b
I merely pointing that...Well, let me put it this way: "Show me da Mo Nay"!