No offense polar, but I think being an IBD guy is something you will live to regret. They are going to try for a third time to make their rules work successfully in an actual fund, and I doubt it will be any more successful than the first two times.
I only lost a thousand bucks because my stakes in any one stock are not that big (I wish they were). If this company lied about safety issues and bribed government officials they should be sued out of business.
Even with that, his new lowered price target leaves plenty of upside.
I am afraid to own any shares of this company, but I keep my eye on about 100 different stocks, and this has the most bizarre price action of any stock I have ever watched.
No, he has already recanted his statement. It was when he had to recently raise his own company's forecast. He did however wipe his brow and say "Whew!", to express his deep satisfaction as to how his company was able to survive the big (and apparently brief) recession.
When is the CEO of Microchip going to be fired for announcing the start of the big chip recession, (an announcement that sent all chip stocks crashing just a few weeks ago)?
If there is one thing I have noticed about Zacks recommendations, they have about a fifty percent chance of being a good predictor of future price movement. It's sort of like flipping a coin.
I think they said Goldman removed it from a List. Not sure. I can never find these news stories until later in the day.
This company drives me insane. It is highly regarded by some of the best analysts, and yet it is possibly participating in unethical or illegal practices? Get it straight analyst community!! -- so that the average investor can stop getting yanked around.
Gee I wonder if there is any of that really stupid momentum money in this stock? If not, this will be $500 by next Tuesday!!! To the moon!!!!! Buckle your seat-belts people!!!!
Very funny CNBC video under NXPI news headlines that would indicate the GS analyst is a very nice person who has been dead wrong so far about the semiconductors.
Wall Street genuinely thinks bad news is coming (and corrupt insider leaking does seem to be a never-ending problem). I hope the earnings report proves the corrupt jerks wrong, but I have my doubts it will.
See, if only your post was followed immediately by 10 other posts saying stuff like "That's the best report I've ever read!!!", then I would believe you.