Those analysts are at least smart enough to manipulate the market, and probably for their
own benefits. Nowadays, going to the stock market just like going to Las Vegas. You do not have to know the PE, the balance sheet, the prospect of the company, its products and market,
just follow the up/down grade trend of those what we called analysts, and buy or short those
stocks for only two days, then you will be rich.Because people are only serious for those up/down grade things for two days only !!! The good thing of being an analyst is you can
put any comments you want on any stocks, up/down grade any stocks you like, to influence the sentiment of the market and do not have to be responsible for anything. The SEC will
still bow to you and say you have done a good job. What is the difference between up/down grade stocks by those what we called analysts for their own benefit and those insiders who release insider's information to their friends or relatives for profits ? while SEC gives them
different treatments. Is there any law to control those analysts to give up/down grade comments which are just nonsense most of the time ?
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