RE:RE:RE:RE:Please stop canadian politics hereYou know I thought Dwolf was delusional but yasch takes the cake in spin and fud..
Yasch22 wrote: Practically NOBODY pays serious long-term attention to estimates from the vast majority of analysts.
Exceptions:
-- a few of the top Wall Street banks (like Goldman Sachs & Morgan Stanley)
-- an analyst who finds a unique angle (positive OR negative) in a story for one of the top investor sites
-- top Fund managers with a strong social media profile.
Also, if an analyst is manipulating the numbers or simply gets them wrong, the effects are pretty well always short term. In the bigger picture and the longer term, the truth will always eventually win the day.
Watch what happens to the sp if BB can demonstrate proof of something as simple as annual overall revenue growth of 20 to 30% consistently over 3 or 4 years in a row.