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  • budicecream budicecream Nov 22, 2011 10:54 AM Flag

    Raymond James Downgrades INTC

    Isn't this the standard broker pitch?

    "Mr. and Mrs. Client - you really need to sell all your stocks and put 100% of the proceeds into one of our annuities, that way you could sleep at night and not have to worry about us downgrading all your stocks right after you buy them." ???

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    • What's even better is the street is forward looking by 6 months. The drive shortage should be over by 2nd qtr. 2012 according to Hans. That just happens to be 6 months out. Shouldn't he have downgraded a few months ago? Looks more like he's being paid by the same people who are paying Jimmy boy at GS. Anyway, I expect this to change shortly, right after the big boys cover their short positions.

35.15-0.28(-0.79%)Oct 21 4:00 PMEDT