Failed analysts predictions on Roku, etc.

Is there anyone in here who actually puts any faith or credibility in any of these analyst ratings?

I ask because, time and time again it's always the same pattern I've noticed. Even with what recently happened with the nasdaq tech-wreck this year. It's always the same story, let's just use Roku/NetFlix/Paypal, etc as an example... all the overly bloated shit in the sinking ARKK fund.

PE goes to the moon to unsustainable levels, while month after month instead of pointing out the fact this may not end well, analysts ONLY give a positive/buy rating. And the more stupidly over-priced, the more they lean on the STRONG buy recommendation. As the stupidity always increases, the goal-posts also move... seemingly nothing at all to do with fundamentals, only due to the market-trend. Seems these analysts get caught up in the euphoria instead of fundamentals.

Then... when reality catches up and we start to fall back towards fundaments... only THEN do you EVER see so much as a HOLD or SELL recommendation.



Let me ask you, if these analysts are so smart, then giving a Buy and Strong Buy for a stock, should be a 10x-100x Strong Buy the next month when it is sold off at a fire-sale discounts.

But instead, these 'analysts' expect you to do the exact opposite just because the sector has turned bearish.



Really?

 

Yeah the Fintech collapse did make these analysts look stupid. They especially loved crappy SPACs like SoFi and kept saying it was about to explode higher and it cratered into oblivion. I think analysts got the collapse of the WFH stocks right though.

The best analyst is still TA and the 50-day SMA. That's how exited PayPal, Square, etc. NetFlix has peaked I think. When all you have left is price hikes the jig is up.

 

MW is the go-to guy on stonk anal-ysis. He'll tell ya.

 

And counting on India - at about $5 a pop, for growth.

Fork in it.

 

you are a bitter guy who can't take losses. But you need to inject yourself everywhere...;-)

 

Bitter, bitter, bitter.

Still playing with your dickotomy?

 

TA and mini accounts... correlates highly with your character if you don't know what correlation means look it up, last time you had issues understanding even this basic concept haha

 

If this shit even warrants mentioning... you're doing it wrong.

 

You rarely see analysts recommending SELL.
because they don't want to be murdered by people related to that SELL stock.

So they usually recommend STRONG BUY, BUY, BUY AND BUY,
BUY MORE AND MORE, HOLD, HOLD AND HOLD AND HOLD .....

 

That is true , it is rather difficult to find a SELL recommendation by them .
NKLA stock is hold and even strong buy by some of them.

IDK how bad would a company have to do to get a sell recommendation