many stocks up 5-10 fold yet no valuation downgrades

Discussion in 'Stocks' started by jnorty, Sep 18, 2009.

  1. jnorty


    If a stock goes from $10-$60 the analysts instead of downgrading on valuation they just keep raising tgt just like 1999. pump it baby till it crashes
  2. Analysts hate to downgrade stocks as they go up. The downgrades will come after stocks peak out and drop 30% or so.
  3. Analysts work for firms. Firms have certain securities on their "buy list". You will rarely see a sell recommendation from an analyst whose firm has that security on their "buy list". If they want to keep their job that is.
  4. most of those upticks are from eotw pricing.