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Nautilus Inc. Message Board

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  • astral_tsar astral_tsar Mar 3, 2006 2:18 PM Flag

    Analyst-speak translated

    "
    Translation:
    "After upgrading NLS to a BUY on 09/19/2005, when it was trading at $24+, we are now downgrading it to a HOLD at $15+ and recommending that investors sell at today's drastically undervalued price, take the 37% loss that our earlier call cost them,
    "

    Good observations.

    "Sheeze, how do these analysts stay in business?"

    A lot of people seem to be confused on this point. Sell-side analysts aren't paid for accuracy, they're paid for sucking up to potential investment-banking customers.

    Salespeople are paid to sell stuff, not to give accurate advice to Joe Public.

 
NLS
18.61+0.16(+0.87%)Feb 10 4:02 PMEST