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llessurK

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llessurK

Re: bundyelvis post# 1799

Friday, 02/06/2015 6:21:14 PM

Friday, February 06, 2015 6:21:14 PM

Post# of 4860
Wonder how a Credit Suisse neutral rating with a price target +15% above market price equal a -2.4% selloff from current price?

The median analyst price target on GILD is still $118 even with today's CS change:

https://www.flashratings.com/stocks/1046-GILD?in=true

It wasn't the Suisse downgrade that pushed GILD in the red today as the financial media on CNBC was implying this afternoon.

That downgrade was published before the market open and GILD dipped and ripped holding up until well after lunch. Then the algos hit the sell button again on all the Index Funds after news of S&P Greece downgrade broke.

Overlaying the SPY and IBB intraday charts with the GILD intraday one min tells the real story. These broad market auto selloffs are the best times to buy, imo.

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