Stock Analysts Smoking Crack Again
Regular readers know I have a short position in WCI, a home builder based out of Florida. Well the analyst thats following the stock at JMP securities definitely doesn’t know what the hell is going on.
According to Yahoo Finance’s Analyst Opinion page, the JMP analyst downgraded the stock on April 10th, followed by an upgrade on August 15th followed by another downgrade on September 25th.
What is this guy getting paid to do????
I wish I had a job like that!
If you found this post helpful, consider donating to my coffee fund!![[del.icio.us]](http://images.del.icio.us/static/img/delicious.small.gif){kind=small}
- Time To Cry Uncle I covered my puts on WCI today. Carl Icahn put in a bid for $22 a share when it was trading at $19.80 yesterday. So in today's market where every was down, WCI was up 15%!!I had enough second guessing the home builders. The real action was in the Lending......
-
Beware The Chinese Stock Market On the front page of todayâs South China Morning Post, thereâs a quote from Li Ka-shing, Asiaâs richest man. As a Chinese, I am worried about the mainland stock market. History shows that any phenomenon whereby shares are priced at 50 to 60 times forward earnings will end in a...... - Bank of America Investment Accounts I just saw an ad for Bank of America. They now offer $7 stock commissions. Thats a 30% discount on Ameritrade's $9.99! Of course you need a Prima checking account to avail of this pricing. But if you have $100k in combined balances with them, you only pay $5!!!Has anyone......
Related Websites
- Assessing Risk When Companies Refuse to Issue Earnings Guidance This is a short post as I am just watching some sectors bounce around like crazy from day to day. And every day some analyst upgrades or downgrades stocks in all of these sectors. A lot of the times in the upgrade the analyst mentions that risk has already been......
- Bullish on Nat Gas? Check Out These Canadian Natural Gas Stocks and ETFs For just about the past year (2008-2009), natural gas prices have been in a major secular decline, breaking below the $3.00 mark with some analysts having speculated they could go to zero. Just this past week, however, we've seen a small surge in the nat gas index and investors......
- Putting Tips for Better Golfing Common Complaint: Deceleration Through Impact A smooth continuous action is absolutely essential no matter what type of stroke or grip you are using. The pressure of trying to get your golf ball into that tiny hole that easily cause you to rush your shot by tensing up, which can cause......
[All content is copyright of Living Off Dividends & Passive Income]
Leave a Reply