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CafePress Inc. Message Board

  • mngtscrwdup mngtscrwdup Aug 7, 2012 2:37 PM Flag

    why are analysts so dumb?

    seems like the analysts are just about the most clueless people around. when cafepress was trading at 2X the price they loved the stock and had price targets of 22 on it. but after the price collapsed, they downgraded to sell ratings and have price targets of 13. i understand the price targets coming down, but given that 8 to 13 is still a great ROI, why would they cut the recommendations?

    seems like prss is going to be a very slow upward climb here, with minimal volume. i've got to imagine some value investors are buying it slowly right here. $75 million above the cash in the company is pretty cheap.

3.14-0.01(-0.32%)Jul 22 4:00 PMEDT