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10/22/15

Rubicon (RBY) (RMX.to): Explaining sellside code

This morning, Joe Mazumdar of Canaccord dropped his reco on Rubicon (RMX.to) (RBY) from spec buy and an 80c target to "Hold" and a 60c target.

For those of you who need a translation, "cut to hold" in the world of sell side anal ysis means "MAKE LIKE A SHEPHERD"*

But hey, you can always get your hot stock tips from dumbasses in chatrooms.

For the record, good call Joe M. The can of corn has got a lot better under your watch.

*get the flock outta here