Registered: Jan 2006
04-27-12 04:42 PM
Quote from noob_trad3r:
How is this possible. Analyst says Q3 EPS will be 48 cents. Company reports 49 cents.
How can these analysts be so accurate?
That would be like playing roulette and always getting the number or one off every time.
Statistically something seems odd.
That's a 20% error margin. Big company can usually offer guidance with less than 20% error. "Analyst" a.k.a. "(Manipul)yst" has no problem getting within 20% when they want to, or going high or low when they want to create a miss.
When a company is tight-lipped and silent on guidance, (Manipu)lyst can easily miss big time. It's all a game designed to feed pablum to CNBC and transfer money from you to Wall Street. (Exception: small independent analyst shops.)
(Manipu)lyst's are people who trade their integrity for a paycheck.