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Stock_Barber

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Re: investorcg post# 1477

Wednesday, 05/01/2019 12:00:40 PM

Wednesday, May 01, 2019 12:00:40 PM

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"Analysts would be fined and banned by SEC etc if they did what you are inferring."

ROFL! There would be no analysts left if that were the case!

So when a stock is at or near a top and every analyst and his dog have a "strong buy" issued, and then it collapses and then they all pile on to downgrade it... their firms all lost money? On the contrary!

Firms sell into strength and buy on weakness!

Does anyone really still believe that analysts' firms are actually doing what they are recommending others do? They are stating what they WANT OTHERS TO DO!

Upgrades/dpwngrades are a contrarian indicator!


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