Well, let’s face the reality: Zachs is mainly a computer driven analytical service. Should have the Zachs computer assessed LAC outlook based on the financial performance of Lithium Nevada and RheoMinerals Inc., then the assessment is probably correct. I don’t want to sound too bullish on this forum, but over past few years the Zachs was consistently wrong anytime, they talked LAC P&L.
At the same time, I would issue a “sell” rating as well, just for different reasons: IMHO the FED is completely screwed and companies with no revenue may get a hit next week, no matter what the individual outlook is. And I also think, that CIA got the date of the Russian intervention about 10 days too early. That may add bit of panic as well, but at the end of the day, it is going to be a regional and not too long conflict. FED will just use that opportunity to pump even more money into the economy.