Paulo Santos Another one bites the dust, ROVI getting downgraded left and right ... from overweight, outperform ...
7/18/12
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Paulo Santos: AFTER it drops 80%, that is. The thing had almost no growth and huge multiples, what were these analysts expecting?
7/18/12
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Bob de'Long: Thanks! More proof that people who quotes the analysts are as wrong as the analysts usually are.
7/18/12
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Paulo Santos: AMZN is about the same, the reasons for it to implode have been there for a while, but there's still incredible analyst support even while..
7/18/12
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Paulo Santos: ...they cut estimates left and right. One day the stock imlodes, and then, 50-60-80% lower, the downgrades come.
