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re: EXXI - hitting new lows everyday
Posted on 10/2/14 at 9:38 am to poule deau
Posted on 10/2/14 at 9:38 am to poule deau
I never put much stock into "price targets" although they seem to swing stocks when they are released. One reason why is this:
So, let me get this straight, you have a stock with a price tag of 10.40, and you expect the price to more than double in a year, but yet they rate it a hold? At what price does it need to reach to become a buy?
Also, still watching this and SDRL like a hawk! Just scared to make any type of move yet...
quote:
The stock presently has a consensus rating of Hold and a consensus price target of $24.73.
So, let me get this straight, you have a stock with a price tag of 10.40, and you expect the price to more than double in a year, but yet they rate it a hold? At what price does it need to reach to become a buy?
Also, still watching this and SDRL like a hawk! Just scared to make any type of move yet...
1
Posted on 10/2/14 at 10:39 am to OnTheBrink
quote:
you have a stock with a price tag of 10.40, and you expect the price to more than double in a year, but yet they rate it a hold?
Certainly others here could answer this better than me, but maybe they think the stock price has not hit the bottom yet?
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