Hi Bob - my "better trained" comment is tongue'n cheek <G>. ML originaly analyst [offhand forgot his name,] who subsequently moved over to WIT, had a price target of $50 when Blodget made his outrageous $400 prediction. Subsequently, ML hired Blodget for that guy's job. ML is looking for flash and Blodget probably belongs there <VBG>! That is why I mentioned the Prince <GG> in our prior exchange. I don't know if there is a pattern, but, maybe I am defending ML in a backhanded fashion <GGG>, people shouldn't be surprised by the flipflop. In the end, criticism notwithstanding, ML is in the business of making money. And people like us should watch our own wallet. Use these outfits to our advantage. Sometimes, I listened to them. Sometimes, I used them as an contrarian indicator. Sure, I usually lost when I bet against them [quasi dealers of them all,] but I know blaming them is useless to my wallet.
best, Bosco |
