InvestorsHub Logo
Followers 1
Posts 1
Boards Moderated 0
Alias Born 02/13/2010

Re: None

Saturday, 02/13/2010 6:33:43 PM

Saturday, February 13, 2010 6:33:43 PM

Post# of 6266
Hello,
I'm about to start investing a little. I've been looking at yahoo finance and saw DWN, a food company in China. The yahoo analyst has ranked it a strong buy; I checked out the company's web site, got their '08 financial report (the '09 isn't available) and discovered they lost several million that year due to "controlling interests". Doesn't that indicate the management was making bad decisions? And if so, what reason could the analyst have for making a "strong buy" recommendation? Also, the stock's price last week was 10 cents, but the yahoo site says the "expected target" price is 4.70; how can they possibly make a prediction like that?
Thanks for any advice.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.