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Instinet Group Incorporat (INGP) Message Board

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  • romannorga romannorga Jan 8, 2002 9:00 AM Flag

    guess i bought to soon!

    I don't trust analysts upgrades or downgrades.
    I actually like to buy on downgrades because I get a great buy that way. Look at downgrades lately BA downgraded at $28 last month now BA at $41. HON downgraded last month at $27 now $33. Lately the analysts have been upgrading stocks after a double. Its really a joke. I like this stock but the upgrades won't come until it hits $15. All just my humble opinion.
    Cheers, Bill

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    • analysts are notoriously unreliable. larry kudlow pumped AWE last week, now it is at 52 week low. analyst had strong buy rating on YHOO & AMZN before they lost 90% of there value. the bottom line is that INET has a bottom line! and it is going to increase by 8% a year. sounds like a good deal! i havent bought yet...but i will.

      • 1 Reply to carpfishin
      • Why do you assume it is going to increase by 8% a year. Because MRL analyst said so. Didn't you just say analyst are unreliable ? Maybe your basing it on something the company said ? Equally unreliable IMO. I don't think there growing at all. IMO unless vol overall in the market picks up A LOT they won't grow. The more I look at this the worse it looks. I'm gone pretty soon unless I can find something more positive that what I'm seeing right now.


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