J P Morgan over the past two years have been so bearish regarding resources.
Last year they put a target on ERA of $33 and over-estimated ERA EPS by 1000%, as though ERA were earning the spot price rather than their contracts of $15lb.
JP Morgan just bough into CUY for $2 and now CUY is $1.56.
JP Morgan have had sell on ZFX since $7, valueing it at $9.
LOL. But still. I bought more ECH today. With ECH they may have shown some judgment and I was pleased when JP bought my stock at $1.72.
CUY Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held