I feel really strange how it will cover FEYE, it has nothing to do with network security. It might just want to use the popularity of Fireeye to attract eyeballs.
With PANW at 80+, FEYE should at least be 50+.
Don't be fooled.
here is another example, NFLX was covered by barclay with underperform just a few days before the GS upgrade with 590 price tag. (from 380). This will happen any time.
Ignore the useless analysts.
You should compare AMZN with AAPL. They are much closer than NFLX versus AAPL.
Do you want to compare a sedan with truck?
Different categories, No comparison. NFLX is service company, AAPL is a customer product company.
very likely, the stock action the last few days implied something is brewing. Seems the news is leaked a few days ahead.
The management should have IQ higher than 1.7. Otherwise it would be too stupid to raise money now instead of when the stock was over $10.
They posted too many garbage articles.
It seems we will not see the shares until end of July? Thought that would be the same as cash dividend.
I have not seen my shares yet.
So, you should remember that not any one expected ARIA could come back to 9+ when it was around 2.5 and not even one single analyst said it will come back. ARIA was in worse situation because it is one trick pony. It does not have any other meaningful candidates in house. However, at least PRAN is not one-trick pony. With the mean Price target of 4. The upside potential is obvious.
I had quite a few pharm. companies that dropped over 85%, but most of them eventually come back to some point. I can give a few examples that I recently owned and made money on them.
ARIA, initially bought at 19-20/sahre and added near 5 and near 2.5 ( a lot), now I am out of it with good profit.
ANIP, initially bought around 0.85 with 1:6 and 1:7 reverse splits, You guys can see where it is traded now.
GERN, bought around 4.5 dropped to 1.4 (where I added), now I am breaking even.
RPRT: 30+ to 11+ and now it is over 30 again.
RNA is another example, this might goes up way higher in 2014.
So, there is no worry about PRAN at all. Give it time , it will walk through the forest.