> According to my ML broker, Dan Niles is worried...
Oh yeah? What else is new? I honestly believe, with every fiber of my being, that most of these analysts receive kick-backs from high stakes players for making statements like that, and thus, artificially modifying prices in the short term. Sure, it's just my own conjecture, but what is NOT my own conjecture is the fact that "analysts" wield WAY too much power by being able to selectively use their words. How closely are they really monitored to ensure they are not profiting, directly or indirectly, from what they promulgate? When one guy can espouse his nonsense, and make a company like Intel lose over 7% of it's trading value almost immediately, something is definitely wrong. That's MY opinion, FWIW.
John |
