Zack's downgrades APL to a strong sell today...and it's currently up 2% on the day...LOL." On Tuesday October 5, 2010, 7:45 am EDTHere are 5 stocks added to the Zacks #5 Rank ("strong sell") List today: * ArvinMeritor Inc (NYSE: ARM - News) * Atlas Pipeline Partners (NYSE: APL - News)"
Anyone who has a strong sell rating on anything, let alone an MLP about to reinstate a dividend that will more than support the price, has no credibility.
Zacks also has/had a #5 sell on APL, which is cash cow that I have had from the IPO. Their ratings have become less and less relevant to me.
since Zacks downgraded APL to "Strong Sell" on Oct 5, it has gone UP over 10%!!!!Good call!How about another downgrade to "Super Duper Mega Quadruple Sell"...APL would go to $50 then...LOL.