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Barrett Business Services Inc. Message Board

  • jhs9 jhs9 Jul 30, 2014 11:29 PM Flag

    Zachs

    Wondering if Zach's is going to continue their strong sell recommendation they have out since May, The stock is up 35% since May. It sure seems like good wisdom not to follow anything Zack's says.

    Sentiment: Buy

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • Most sacks articles are written by computer programs. I frequently see post spinoff and split articles by sacks that discuss the price decline without recognizing the cause and that the price did not actually decline, and in some cases actually appreciated if you account for the split/spin. This is because the program is not capable of looking past a few parameters. Also, you will find their articles are very formulaic and follow a consistent template. The service is awful and is to either be ignored or used as a general contra indicator. A zacks buy means sell and sell means buy. Hold is ambiguous, but I would suspect, since it went from sell to hold, it just means it is not as good of a buy as it was last week (duh), but perhaps it is still a buy until Zacks says it is a buy, at which point you should consider selling.

    • I think they changed it to HOLD yesterday after the big rise. They are worthless.

      sw

 
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