The analysts get paid under the table by the large institutions. When in a downtrend the large commercial institutions making big money off shorting pay the analysts to estimate low price targets and trash talk articles online. Then when the trend changes to up and long, the commercial institutions go long and pay the analysts off to upgrade their price targets and start writing positive. This is especially true with the large bank analysts, and even with Seeking Alpha and Motley Fool, they have disclosures that they don't get paid from 3d parties, but it's all done under the table. Some of the Seeking Alpha analysts are nobodies but can get high Google hits, rankings, and views based on catchy headlines in the opening title. The big commercial institutions have no problem handing over a suitcase of cash to them under the table if it makes their short positions make them millions or the long positions make millions when the trend changes. Notice how there's no more bashing article coming out this Sunday evening by Seeking Alpha. Last Sunday my phone kept going off with 5 bashing articles, now nothing. The fact that the analysts stopped the bashing, shows the trend has reversed. Now Mr. Wall Street Big Shot will hand over a suitcase of cash to have them write positive articles. Those are my opinions. The analysts are the Puppets of the commercial short or long trends. The good news is, the analysts will soon be working in our favour.
AI
