BMO is really a paid pumper & dumper with PT=37 & PT=2 I wrote to my friends on October. 4, 2013:
How much should one listen to an analyst?
I suspect BMO pumps and dumps ARIA for SECTORAL ASSET MANAGEMENT, which was the 2nd largest institutional holder of ARIA when BMO initiated ARIA coverage with the far higher price target than average. I guess SECTORAL ASSET MANAGEMENT might have sold most of its holdings (the 7th largest institutional holder as of 06/30/2013) before BMO downgraded ARIA and lowered target price to $21 from $37.
The analyst at BMO is paid, isn't he? So BMO is really paid for pumping/dumping ARIA. While BMO was pumping ARIA, its price target was as high as $37; while dumping, its price target as low as $2.
So there do exist paid pumpers and dumpers, who are the analysts such as the one at BMO. ------- However, I don't think any posters who have positive opinions on ARIA are paid pumpers. Who would pay them?
Accusing an ARIA long of being a paid pumper is OFF TOPIC, isn't it?
Grandma. If you really are a grandma wouldn't you have better things to do today on thanksgiving.. Are you sure you not some offshore poster with an alias?
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