RE:Shamelessly copied from HL @ Yahoo NetJet 4 Phil? LOLAmusing stuff indeed.
I think Zack's and Morningstar types of 'analysis' are computer-generated based on databases, and reports like this generate attention and a lot of chatter but I would never take trades based on these sorts of presentations, earlier versions of AI before it became a media mania acronym buzzword.
Assuming the data they scrape is accurate they can be a useful source of gathering info into one convenient place, but price projections, no.
Making projections is still very linear; when the price drops off a cliff they just revise their target (or change reco to a sell) and start over, or vice versa, suddenly call something a buy. What really confuses them is when a company issues a lousy report and the stock 'soars', or a good report and the stock 'plunges'. Note that stocks either plunge or soar in the media, and analysts rush to provide a reason, where most often no reason is to be found so they just make stuff up. Some sites, and some actual analysts go so far as to say their work is for entertainment value only. (Cover your Axx disclosure).
TSLA is a good example of that - the price went down after a bad report, and then went up because a trip to China suggested that China may approve 'Full self driving with full attention hands on the wheel driver attention' (isn't that just driving a car?) may be considered for approval. You have to admire one of the greatest salesman of all time - he's been selling FSD at $10,000 a pop for years and it still doesn't exist.
Anyway I'm still out of HL for a while, not because I don't like it, but just because April can be a bad time and post-report in May can also be unpredictable but also can be nasty. HL's down over a buck from the recent highs. I won't make forecasts; it's futile, and doesn't matter.
>>>
In other news, I tried to catch a falling knife the other day on a stock I had been watching for a while but caught too soon because I had a few bucks sitting around that I was itching to get rid of, just for fun. Red Pine was at 20 cents or so and when the bottom dropped out, 50% down and more I grabbed some based on the fact that the lowest price in several years was higher than the crash, but it's still going down. You can take the boy out of the casino but you can't take the casino out of the boy. Anyway, they scrubbed all their assays (and their 43-101!) for their project, and scrubbed the presentations from the site, which is pretty weird when you think of it. (Even the Wayback Machine doesn't have them! Fortunately I had already saved the copies). That trade cost a few hundred bucks, maybe temporarily, we'll see. Usually they say they're going to re-evaluate or 'review', but not drop everything. There are some pretty high rollers that put big money into RPX in the last year and it would be hard to believe that they all didn't do any DD. NFG a little while back had such an event about their assays but didn't scrub everything; they just called in someone to re-analyze the data.