RE:During the year I like to keep track
slipperyslope2 wrote: of some of the predictions the esteemed analysts make on BNN. Joeseph Schacther was on January 9 ,2017 for a discussion. His prediction - oil will break $40 in February/ March and be back to $30 in the second quarter.
Be careful who you listen to.
Absolutely agree - there are some guests whose opinions I respect but Josef Schachter is not one of them. He is the President of Schachter ASSET MANAGEMENT. Guess what, he has ZERO assets under management. He is paid to provide research and paid to speak. IMO he is a paid shill (pump or bash). Consider his relentless pumping of Niko Resources - it was his top pick no less than
17 times all the way from $80 to $5 (it's now worthless).
https://www.stockchase.com/company/view/869/sort/date/page/1/direction/desc/max/120
Either he is really stupid or was paid to pump, there is no other explanation.
Another famous pump of his was Long Run, a top pick over and over, when everyone else has it as a sell.