One of the oldest Wall Street tricks in the book..
That's it. WHO would buy this stock now?
Analysts ALWAYS Upgrade at the top of the cycle because they think it makes them look good.
A good analyst would have upgraded this stock at $72......not at $100
That's the top folks!
So Sterne Agee felt they had to raise their price target to look good since this bloated stock went through their $90 price target.
This....AFTER the stock has gone from $72 to $100......a 40% move UP.
LOL.....Sterne Agee.....just another SHEEP in the analyst community.
Now THAT is a SURE SELL signal.
Who buys a stock now?.......AFTER it's gone from $72 to $100?
A FOOL....that's who.