wallywonka

Contrarian Indicator: Analyst Buy Ratings

This is the most asinine report that I have heard to date considering the condition of the market. Do you think possibly that BUY ratings are still up on some of these stocks due to quality management, cash balances, earnings and other stupid little fundamentals? Like...everybody jump into KB Homes because the analysts don't have a buy rating on this stock! If you wait long till 2009, they may start selling homes again if they don't go bankrupt first. Where do you guys come up with this stuff? You are all loosing credibility very quickly!