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Pastimes : ASK Vendit Off Topic Questions

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To: Walkingshadow who wrote (16769)12/4/2000 6:04:15 PM
From: Jon Stept  Read Replies (3) of 19374
 
The purpose of Analysts...

Hi Walkingshadow,

I like your theory, but I am not convinced.

Given that nobody can predict stock behavior, the analysts can make mistakes. Many mistakes. So, how does one know if the call to the downside is part of a grander strategy to accumulate when it goes back up, or it is actually a mistake? To prove it, one would have to find out if the share accumulation was active during the downgrade period. Otherwise, we don't know if it is a mistake or a conspiracy.

For example, was Tom Kurlak's incorrect semiconductor call a couple years ago harmful to his firm? He was let go from the firm. Or maybe he was "let go" but this was just a ploy, and he was really a hero.

What do you think?

In my opinion.

Jon :)
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