Tuesday, November 29, 2011

How Things Work - Part 02

On June, 2010, Bank of America reduced the target for USIM5 to BRL 66.00 (equivalent of BRL 33.00 after 50% split) but stressed the buy recommendation.
Please notice that the target price was even bigger before this.
Infomoney

Today, exactly the same bank says that the price paid by Ternium of BRL 36.00 was too expansive. How can that be?
Exame

Who on the earth still gives a shit to what these "experts" say?

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