Brean Murray Speaks of Faith

On April 16 Brean Murray's reiteration of their opinion on Provenge was particularly odd - given their choice of words.

"We reiterate our Sell rating and target price of $1.50, which is based on our lack of faith of PROVENGE approval."

Today they played the "faith' card once again saying,

"Firm reiterates their Sell rating and target price of $1.50, which is based on their lack of faith in PROVENGE approval and calculated cash per share est"

When I first read this I stepped back and thought - what?

They issue sell ratings based on a lack of faith ?

I found that particular word choice ( almost religious ) in a statement by a financial analyst rather dramatic.

Faith conjures (to me at least),ideas of god, heaven, hope, and of life. Here are a few definitions I found on the web:

Faith - belief that is not based on proof

Faith -The theological virtue defined as secure belief in God and a trusting acceptance of God's will.

What is wrong with this picture?

They play the faith card in the hopes that a drug that helps to extend the lives of advanced prostate cancer patients (according to many medical experts and scientists), will not be approved for patients whom are a possibly facing death in the near future?

Whose faith really matters ?

The faith ( or lack of) financial analysts . . .

or the faith of cancer sufferers of all kinds throughout the world?

Terminally ill cancer patient speaks on faith.

What about the faith of the families of those affected?