RE:Analyst Price Targets
Billybabin61 wrote: IMO the big problem with target prices is that the number they land on is based on data which is not dynamic, so static info which is really a snap shot in time of a company and by extension the industry they are in. I think all they do in general is affect the psychology of the investor.
If you follow BNN market call, take a look at the Past Picks and see how many have been good targets and how many have been bad in these difficult markets. In a good market even the turkeys fly but in volatile markets, it is not the same. What I like about the O&G industry is that the guidance they provide is based on a commodity price keeping in mind that there are other risks like getting supply to market, protests, shutdowns. That said there are several self serving experts we all know about calling for $100 or higher oil and of course they don't really know because there are too many variables. It is up to us as investors to find companies with the best management who have the best BoDs who will thrive in good markets and survive in the worst markets.
Yep.
Also, when everyone was saying oil was going to hit $150, I was shaking my head. It was all bull$hit. Will they try again? Or will there be a big crash?
check out what grand wizard's government wants...2026...regarding electric cars. They will push Canadians.. Inflation, increased interest rates, increase taxes, etc...the nightmare is only beginning folks.
https://www.cbc.ca/news/politics/canada-ev-mandates-2026-1.669396
for those wanting to expand their thinking...
regarding covid...Covid cost us a lot of money. Will governments try something else? You bet. When? Don't know exactly.
They never told you about this. Straight from the horses mouth.. Last 9 pages are adverse effects. Did participants have the opportunity of an informed decision? In other words, did they know about the 9 pages?
https://phmpt.org/wp-content/uploads/2021/11/5.3.6-postmarketing-experience.pdf
also, these doctors and scientists do a great job on explaining how the "scam" worked?
https://www.canadiancovidcarealliance.org/media-resources/the-pfizer-inoculations-for-covid-19-more-harm-than-good/