I still remember well when the analysts posted RIMM could easily recover back up to $42.50
When RIMM was trading around $36, I remember so well the analysts came out to say that the stock could easily recover back up to $42.50. They also say the earning had been revised and the company could beat earning. Many traders got in before the earning and to see the stock plunged to $28 after the result. You have to trade stocks based on facts not based on what analysts say. If you follow the analysts without understanding the industry and business, you will lose your shirts and your bank accounts.
There is a good reason why the CEO keeps selling his shares from $150, $128 and $119....The CEO knows the stock does not worth at today's value based on future outlook. He has a London Bridge at Reno to sell you so as the analysts.