Post by
soberinvestor on Mar 15, 2013 7:52pm
Analysts….
…….are simply an integral part of the corrupt segment of financial markets. They are leeches who live off of gullible retail investors. Analyst simply will say what firm he works for tell him to say and the firm is paid to say what “customer” (usually manipulating fund) want it to say. Simply taken if fund wants to unload a stock they would pay to up-grade it and vise versa, if it wants to buy or short it would pay to down-grade it. Simple as that. That is why different analysts have so drastically different ratings. The only way to take this corrupt segment out of the markets would be to pass the law to hold them responsible for their actions but then there wouldn’t be any analysts and counterfeit firms who greatly diluting public investments pay taxes on it and those taxes are an integral part of governments’ revenues. Simply saying it is part of the system that’s why nothing can be done. All you can do is ignore them all. Just my observation.