It is a famous saying on the street. Analyst upgrade at the top and downgrade at the bottom so than it is safe to say that INTC has hit the bottom.
BTW, it is not called shittie for no reason.
Sell side Analysts are very herd like in their behavior. They do seem like a contrary indicator.
I hope that makes you sleep better. Yes sellside sukks, but I bet you like INTC at $25 and $30. This going nowhere.
Many sellside terrible, but if you know who does the work, it can be helpful. Amateur.
Go IMOS! Short intel.
Sentiment: Strong Sell
The GIANT CASINO action never interfered with my sleep. Win some LUse some, who cares. As the saying goes, just another day at the races.