RE:RE:Havard law - analyst ownership of stock
lb1temporary wrote: Interesting article.
I highlight the following:
...We find that 3% of analysts initiated ownership while having a sell recommendation outstanding, and 56% terminated ownership while having a buy recommendation outstanding.....
The entire study is attached. it's interesting that theirs datas are from 2003 to 2012 (the 2016 datas are ''additional datas'') and the tables show that the % decressed regularly from 24% in 2003 to 12% in 2012 showing a pattern in disappeareance.
one thing about the real world is that ownership in companies can be untraceable and therefore many studies are not exact , just estimates ...analysts are like the hockey color coimmentators discussing the last periods' entetainment ... remember that what these anaysts are evaluating is part of the past and it is based on the info provided to them ...sooo you get where I'm going right ? ... eveluating a company to invert in it is hard enough , evaluating a company to invest in a supplkier of that company is well , " harder "...it's far fetched at the least , in my opinion ... I would use ' manipulation' to describe alot of what is published ....GLTA