GMAI is doing well today. Oppenheimer initiated coverage with a "buy" rating and a price target of $16. This is their first non-paid analyst coverage, I believe. Management made some positive comments about this current quarter, so I'm holding on to my shares....it is still pretty cheap in the $11's. Thanks to Hweb2 for mentioning this one a couple of months ago sub-$10.
Jun 24, 2005 (streetinsider com via COMTEX) -- Oppenheimer initiated coverage on Greg Manning Auctions Inc (Nasdaq: GMAI) with a Buy rating; $16.00 price target. According to the firm, GMAI is the largest stamp and coin auction house in the world. They believe stamps and coins represent an attractive but overlooked asset class.
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