my source of information indicate that this analyst actually is the highest income analyst in global financial district, thus I respect his opinion
Nevertheless, our decision will certainly be influenced by environmental factors, genome,,, My information indicated that the income plus bonus of this analyst is actually 50 times of my household income which both myself and my wife work very hard with long hours especially during this great recession. If the market is efficient and somehow the income represents certain kind of market value, how could you ignore his opinion after the stock running up in last few months or so? I am all ears.
The answer is simple. THE MARKET IS NOT EFFICIENT. Sometime it may be but not always. it is just a theoretical concept. That and technical analysis work until they don't. Do your own DD or get out.
investing is a very personal decision.
When I make a decision. I listen to nobody else!
I bot GNW at 5 when cramer said sell!!
I have held and bot more along the way. .
yes cramer got it right finally!
but I made my decision long ago and that is that.
you make an investment decision good or bad, you have only yourself to thank or blame.
I dont believe in 'analysts' or financial planners.