Is CEI stock the newest target of retail traders?

Instead, it looks like CEI stock is the newest target of retail traders looking for shares to pump higher. CEI certainly fits the mold with high short interest and low stock price. This makes it prime for manipulation as traders look to pump it up and push hedge funds out.

What is OTCEI Stock Exchange?

OTCEI is a company which was set up in 1990 under the Companies Act,1956 but later was recognised as a stock exchange under the Securities Contracts Regulation Act, 1956. It commenced its operations in trading in 1992 and is modelled along the lines of NASDAQ, the OTC exchange in USA.

What is a stock price target?

Ultimately, price targets depend on the valuation of the company that's issuing the stock. Analysts generally publish their price targets in research reports on specific companies, along with their buy, sell, and hold recommendations for the company's stock. Stock price targets are often quoted in the financial news media.

How accurate is a price target?

Despite the best efforts of analysts, a price target is a guess with the variance in analyst projections linked to their estimates of future performance. Studies have found that, historically, the overall accuracy rate is around 30% for price targets with 12-18 month horizons.