Monday, July 27, 2009

Barclays and Goldman tout BUCY to 38

(I put pm instead of am on this post-it should of been out this morning)

Goldman finds it compelling, and Barclays now sees a recovery in international markets.

I advertised this number just over a week ago at 28.92, and it traded to 33 and change in Thursday's afterhours after earnings.

Now that the stock pulled in two points, it's providing an entry point for the IB's to tout it.

You can see that in just about any stock. The weakness is used to buy.

So riddle me this then. If the IB's use weakness to individually buy and tout the names, how then, collectively, is this market supposed to come in?

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