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Bj2times
1 Comment
Analysts Shouldn't Mess With Texas (Instruments) [view article]
I agree with the premise that most analyst are either incompetent or too lazy to do their jobs well. I don't understand why otherwise rational investors assign so much weight to their opinions. Jim Cramer says , correctly, that when a new company picks up it's 4th anaylst, its time to sell.I make a practice of betting against these calls by buying the dips that occur after a critical statement and selling into the rebound that usually follows. Apr 22 06:58 PM