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Endeavour International Corporation Message Board

  • mcgarmi mcgarmi Apr 2, 2013 11:34 AM Flag

    Wunderlich suspended their sell rating on 3/28/2013

    And removed the $3.00 price target. Anyone have any thoughts on this?

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • Well they not only met their downward price target but exceeded it so it was probably time to remove it or look stupid. As long as they don't put another sell and lower target on it then it is positive. If they think things are turning up they would have raised the target and put a accumulate or sometihing on it I suspect. All in all I guess I would not read too much into it unless it changes.

      • 1 Reply to kansanoildude
      • As I said we wait for news and bob around like a little cork in the water.

        Interesting trading though, lots of computer trading hitting the bid to drive it down then some large buys, do not understand it??

        This is really cheap now, shorts must be thinking of how to cover without driving up price.

        No volume is making it hard, so they just roll with it and accumulate paper profits while we incur paper losses.

        WSP

 

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