04-05-2022, 04:06 PM
Had it up to HERE with Firms Upgrading / Downgrading Stocks
<!-- SC_OFF --><div class="md"><p>Seriously, I'll plan to buy or sell a stock...or options on a stock or whatever...Then some over-paid analysts at whatever firm upgrades or downgrades it, sending the price shooting off in whatever direction they wanted. Like what the fffffffuuuuuuh? </p> <p>Mother$#@&er, you just DOWNGRADED it a month ago and now you're UPGRADING it? When there's been basically zero change, no earnings reports or major news to fundamentally change the outlook on the company???</p> <p>And price targets? Don't even...! How the @#$& do you even think you can know what the price on any stock is going to be a whole year from now? I mean, people with more money than sense are going to keep buying pretty, overpriced boxes from AAPL, but that's about the ONLY thing I'm really certain about. Everything else is a crap shoot beyond the next earnings report or geopolitical snafu.</p> <p>Yes, these analysis probably all have pretty models and tools that make them look like they can see the future. Well, if that's the case, why haven't they used those models to become billionaires?</p> <p>My point is, these moves by analysts can send a stock massively up or down when its fundamentals haven't changed. It creates a lot of churn in the market that institutions can game but which can screw over the retail investor. These moves aren't like earnings reports where everyone knows when it'll be released and what it's likely to say. The worst aspect imo is that we can't tell these analysts to keep their GIGO models to themselves and we all get sucked up into the volatility they create.</p> <p>I'll get off my soapbox now....</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/sault18"> /u/sault18 </a> <br/> <span><a href="https://www.reddit.com/r/investing/comments/twrylp/had_it_up_to_here_with_firms_upgrading/">[link]</a></span> <span><a href="https://www.reddit.com/r/investing/comments/twrylp/had_it_up_to_here_with_firms_upgrading/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>Seriously, I'll plan to buy or sell a stock...or options on a stock or whatever...Then some over-paid analysts at whatever firm upgrades or downgrades it, sending the price shooting off in whatever direction they wanted. Like what the fffffffuuuuuuh? </p> <p>Mother$#@&er, you just DOWNGRADED it a month ago and now you're UPGRADING it? When there's been basically zero change, no earnings reports or major news to fundamentally change the outlook on the company???</p> <p>And price targets? Don't even...! How the @#$& do you even think you can know what the price on any stock is going to be a whole year from now? I mean, people with more money than sense are going to keep buying pretty, overpriced boxes from AAPL, but that's about the ONLY thing I'm really certain about. Everything else is a crap shoot beyond the next earnings report or geopolitical snafu.</p> <p>Yes, these analysis probably all have pretty models and tools that make them look like they can see the future. Well, if that's the case, why haven't they used those models to become billionaires?</p> <p>My point is, these moves by analysts can send a stock massively up or down when its fundamentals haven't changed. It creates a lot of churn in the market that institutions can game but which can screw over the retail investor. These moves aren't like earnings reports where everyone knows when it'll be released and what it's likely to say. The worst aspect imo is that we can't tell these analysts to keep their GIGO models to themselves and we all get sucked up into the volatility they create.</p> <p>I'll get off my soapbox now....</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/sault18"> /u/sault18 </a> <br/> <span><a href="https://www.reddit.com/r/investing/comments/twrylp/had_it_up_to_here_with_firms_upgrading/">[link]</a></span> <span><a href="https://www.reddit.com/r/investing/comments/twrylp/had_it_up_to_here_with_firms_upgrading/">[comments]</a></span>Kind Regards R