Sec needs to investigate the sandbagging of earnings ests

Discussion in 'Wall St. News' started by piggie2000, Oct 23, 2009.

  1. this has been the most fraud tainted earnings season in history. many stocks ran 5-10 times even as the analysts were busy lowering there ests so they could beat. all the earnings gains over the ests was huge cost cutting. overall rev's still down huge. based on were the mkt is we should have had year over year growth and instead still had earnings down 20%.
  2. Ya maybe we can ask the newly appointed ex-Goldman(or still) COO of the Sec to help us out.
  3. What does this have to do with the SEC? Who is forcing you to listen to "analysts"?

    I'm guessing you are short and are angry because companies are doing better than you had anticipated...

    An analysts prediction is just that - a prediction. Who cares what number the analyst spits out? Do your own homework.