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| Rose Peel • Messages: 4 • Years on forum: 11.3 |
04:34 PM 02/19/2016 |
Everybody knows but it's worth repeating again: be cautious relying on sell side analysts while relying on BUY recommendations.
This is a telling story.
Charles Grom told his Hedge Fund clients that he is concerned about the stock but the next day he issued a report with BUY recommendation to maintain relationships with the company,
http://www.cnbc.com/2016/02/17/ex-deutsche-bank-analyst-fined-suspended-over-stock-rating.html
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| Paul Hong • Messages: 4 • Years on forum: 11.3 |
12:47 AM 02/21/2016 |
One of few cases when such "recommendations" were proved to be dodgy
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