Where was JPM in August. Seems like a good example of why most analysts are overpaid and mostly useless.
nice shorting opportunity a year ago. where the hell was JPM a year ago?!?!? those analysts ought to be slaughtered. they are overpaid and mostly useless. Why Chinese internet sector was not downgraded a year ago? we should avoid reading JPM analyst reports for 6-12 decades.
WOW... I am so darn glad they pointed that out... I could not have figured that out on my own. We are so fortunate to have those high priced idiots guiding us in our financial lives.
Maybe time to start bargain hunting? At this point both the dumb money who FOMO'ed in at the top, and the guys who thought they were clever buying at 50% off the highs, have had their shit pushed in. Feels like risks have been mostly priced in now, though I still wouldn't touch ADRs.
%% Some media noted it as downgrade to neutral or under weightAS if you would want to buy it\ just underweight it\lol ?? Bloomberg translated that to plain English ''Sell equivalents'' Sounds logical \a panda bear trying help a putin bear. Bears in the news again............................................................................ J Baer Bank figures too soon to call a bottom[Source =Bloomberg News]
always be the contrarians....some chinese stonks like baba and jd pop more than 20% premarket today 3/15/22...do the opposite of what cnbc or news media tells you. Sometimes you get lucky and get paid!