Huron Consulting Group's Crash: Red Flags Abound [View article]
Tom -
There's one major flaw in your logic: the UBS analyst in which you seem to be abundantly confident had a 'buy' on the stock at $45... and it went to $15. Doesn't sound like a 'buy' to me. Now, he feels like an idiot and cant whipsaw his rating on the stock around ("buy at $45, hold/sell at $15"). Happens all the time on the sell-side.
Huron Consulting: Getting Too Close to Its Roots [View article]
Huron Consulting Group's Crash: Red Flags Abound [View article]
There's one major flaw in your logic: the UBS analyst in which you seem to be abundantly confident had a 'buy' on the stock at $45... and it went to $15. Doesn't sound like a 'buy' to me. Now, he feels like an idiot and cant whipsaw his rating on the stock around ("buy at $45, hold/sell at $15"). Happens all the time on the sell-side.