Every time a stock is so unloved by the analysts its for two reasons. One they are pooh poohing it because they are buying at the lows andwant to fill up with cheap shares FIRST. Second, its because the analysts are just plain STUPID. Third is that they are both.
My 7 favorite names in 2013 are all names are PD , TCM, ABX, K , PWT and RIM. Seventh is HYD which after a failed take over earleir this year will be swallowed up for good in 2013.
Now every one of these companies is unloved by the analysts. Go back and look at the comments on RIM or Kinross in August or AEM in February. These guys are NOT experts. They lack foresight and vision. They all pooh poohed AEM in February yet its up almost 80 % since then, ditto for RIM in August or K ,up 20 % since then. My point is that they are all in cahoots together. They universally bash stocks at the lows and pump them at the highs.
Simple math people. Penn West sold 7 % of production for 1.3 B. Whats the other 93 % worth? Any idiot cna figure out where its heading but these guys cant !!!! They are buying while sterring you clear and selling when they are pumping.
Look up TCM I offer that as an example now and provide the link for it. Look up PWT now and see what the "experts" are saying now. When its taken over next year at 20 -25, go back and look what allthe naysayers were saying.Look how the missed a double on RIM in four months or 30 % on K or 80 % on AEM.