Small Biz Owner
Familiar Member
Joined: Dec 26, 2010 8:43:06 GMT -5
Posts: 607
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Post by Small Biz Owner on Oct 10, 2011 8:40:43 GMT -5
Case and point Bank of America. Which was given a buy rating a few months ago, by several Wall Street rating agencies and analysts.
At least 62 raters knew what they were doing. 395 of them were clueless.
Not only that, they, according to tax cheat Tiny Tim Geithner, passed the bank stress tests a few months ago also. Wonder how they are going to explain that?
So if you believed the BS from Wall street, and the BS from our government, you happily paid $14 a share or more a few months ago. Like some of the posters on this board kept encouraging people to do.
Sheeple always get sheared.
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Deleted
Joined: Apr 23, 2024 23:39:30 GMT -5
Posts: 0
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Post by Deleted on Oct 10, 2011 8:52:43 GMT -5
Analysts can't tell the future any better than I can.
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Deleted
Joined: Apr 23, 2024 23:39:30 GMT -5
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Post by Deleted on Oct 10, 2011 11:56:15 GMT -5
If you are STUPID enough to believe analysts, you deserve to get sheared
Everyone on this board says the basic stuff
Know what you buy....do your OWN due diligence
Do not go by what some paid analysts are touting this week
Buy quality...and reap the benefits
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Small Biz Owner
Familiar Member
Joined: Dec 26, 2010 8:43:06 GMT -5
Posts: 607
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Post by Small Biz Owner on Oct 11, 2011 11:44:14 GMT -5
Personally I would like to know who those 62 raters were. They should get together and start thier own ratings agency  |
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Small Biz Owner
Familiar Member
Joined: Dec 26, 2010 8:43:06 GMT -5
Posts: 607
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Post by Small Biz Owner on Oct 11, 2011 11:45:38 GMT -5
The other 395 should get pink slips. Except that they would propably get government jobs next  |
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