RE: RE: TD Downgrade (reply3)... I disagree with you whole heartedly on this Eigen. Most people despise analysts because they always report after the fact, follow the heard, and downgrade after all the bad news is known. This type of analyst does not help the investing world, especially the retail investor. What I would like to see is more proactive analysts, who make predictions and forecasts based on what they are seeing, and not what the Company is telling them. This adds value.
So for the TD analyst to proactively lower his forecast either means he has information we do not, which he just shared so we should be thankful, or he is doing us a favour by proactively warning investors about what he feels may be production shortfalls. He could be wrong, but I would rather him be wrong and attempt to help the investing world as opposed to being another reactive leach who adds no value.
In my opinion, we need more analysts who are willing to go out on a limb and share their insights and opinion, rather than just regurgetate what management says.
It is your choice to beleive his opinion or not, and whether or not to include his opinion in your investment decision.