manipulation by analysts..
Is it ME or what ?
It seems that the anal-ists are manipulating things today BIG TIME!
With OIL at its highest in 12 months, and the sector zooming, Deutsche Bank Securities gives out a SELL rating on Chevron, and HOLD ratings on MOB and XON, downgrading TX also, because prices are "too high."
On the Other side of the coin, we have PRUDENTIAL giving downgrades to HOLD on WMT, HD, LOW and DG, because "even though the consumer demand is strong, there seems to be a movement to second tier companies."
Oh now, THAT is reason to downgrade a stock or two. Because the HERD is exiting, FOLLOW it ! (Then take advantage and buyback, before upgrading ?)
I am tired of anal-ists, who deserve to have their title spelled that way. These guys should be outlawed.
So it seems that one group is getting downgraded because it is too high and the other because it was going lower anyway. Hey, I can do that ! How much would I make as an anal-ist ?
EB |
