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Re: iancassel post# 5702

Wednesday, 09/23/2009 8:02:33 AM

Wednesday, September 23, 2009 8:02:33 AM

Post# of 14386
I am hoping this post is not necessary and that most understand the process, but when reading Casino's post the following brought this to mind:

"I know that our newest Analyst at Merriman spent some time with Lee on the phone...."


The above highlighted and reminded me, that Professional analyst do alot of research and ask alot of questions before writing a report. So when Merriman comes to a conclusion that the target is $3-4 it is based on much more than going to an EGMI dog and pony slide show. There is a long professional process they do that is both qualitative and quantitative to reach their conclusions--typically taking weeks to accomplish. So I think all of us on the BB should take comfort in the fact the Merriman report echoes what many of us already believed. I am just waiting for the I AM From Missouri Market to wake up and smell the coffee. ---and for those that want to sell at these levels to Please do so.

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