I would ignore Huntley recommendations if I were you....

I would ignore Huntley recommendations if I were you. Personally, I use their research for the collation of factual info and some useful analysis. Their buy/hold/sell recommendations are rubbish.

Huntley had similar negative comments (related to being in bank hands etc) about Alesco until last week. Huntley then upgraded Alesco to a buy AFTER an almost 400% price spike over the last two months. Apparently the same company (risk changed, not value) that was a high risk hold in Feb at under $1 is now an accumulate at $3.80, hold low, buy high apparently.

Analysts get caught up with market sentiment just like everyone else, their recommendations tend to follow the market, rather than predict it.