The other day I posted in SODA's MB about how Duetsche Bank (ie market analysts) stink at grading. DB upgraded SODA and the thing tanks....yet another example today, w/BBY. DB upgrades it and it's down sum 10% I never listen to analysts nor CNBC folk. i will be buying BBY in or around $20 once it hits, prlly in 2-3 weeks
How is this company even operating? 1Billion shares in float, and more outstanding. 1Billion in debt, and they are basically a consulting company. Headquartered in India and no regulation, this company trading at all is short of a miracle. Somehow there is something very scammy about it. And now trading at analyst highs....I am rating this suspicious, and NO BUY. Until I learn more, my first glance is scam. I'll come back and repost when and if my opinion changes
May 16th, 2013 Doosher Bank (aka Deutsche Bank) Comes out and downgrades SODA to a HOLD...Today, they still say HOLD! #$%$ DOOSHER BANK, HOLD til when? hell freezes over? Back on May 16th it traded between $61-$64 longer term holders listening to you would have lost about 50%...u #$%$! Had I been posting on this MB, I would have been saying DON'T BUY...Homemade soda? Really, you can make your own soda by buying setler water CHEAPER, and flavoring it CHEAPER! Why buy a company charging idiots with money 100x more then need be. FAD,FAD,FAD, much like Skinny jeans! I Now, that being said....I will be watching this stock and hopefuly trading it (not investing, TRADING) if it retarts its ridiculous trading habits...crossing my fingers for some easy money!