Panita_ Shane_ all... you must know by now that analysts are barkers, shills, salesmen, hawkers, decoys, and hacks. Some are actually trying to predict where a stock should trade or what its potential is, though they are rare.
However, many are only for advertising the company they represent. If ASND is falling in price, they will make an announcement that its falling... because the press value of making the papers or being in the news is considerable for generating business. If the stock goes up, same thing, jump on board and get free advertising for your company's brokers...
News Flash... ASND trading up 2 points... then
Background discussion at BBTR Brokerage "... lets put out an upgrade"
Next News Flash on Briefing.com "ASND up 2.25 on BBTR upgrade..."
End of Day, at BBTR... "Wow, we got lots of new customers with that upgrade."
Next Morning... ASND halted on pending news
Background discussion at BBTR "better prepare upgrades and downgrades"
Stock opens up 5 on normal earnings "ASND a strong buy, BBTR"
Next month's advertising promo from BBTR... ".. our analysts have a nearly 100% track record...
In Background... analyst makes commentary to himself ".. this realtime
quote system sure helps my upgrades and downgrades."
JG |
