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Brokers recomendations are useless - haven't you learned yet ?...

  1. ozbecool
    712 Posts.
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    30/09/11
    11:39
    Post #: 9032773
    Brokers recomendations are useless - haven't you learned yet ? They very often make them for the stocks they ALREADY have and sitting on losses - so that they hope the price will be pushed up. I saw recommendation to buy eg NOD in Nov 2008 at - as the broker said - ridiculousluy low price of near $0.60c mark. Today they hover around 10c. And examples like that are plenty.
    AWE Price at posting: $1.03 Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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