Miner I agree with you. I never take much notice of them whether...

  1. 11,632 Posts.
    Miner I agree with you.
    I never take much notice of them whether they are positive or negative.

    More times than not their reports are not worth the paper its written on. They change their mind at a drop of a hat. They can also differ from one analyst to another by a huge amount. Now think about that for a min. There are only so many actual, objective facts, after all they all draw info from the same source, so how can they so many times differ so much. Not one of these genius are consistently right, that I have read, so that being the case its fair to say the conclusion that all these differing opinions are just random noise. Its like if gave two people $300 and said to them I want you to do a normal weeks shopping at Woollies, and one person saying I can fill up two trolleys with normal food items with the 300 bucks, and the other saying I'll be luck to half fill it. Most analyst are nothing more than sales people, they just like to try and convince people they know of what they all talking about.. IMO I say do your own research and it if you can't, you should not be investing or trading. nothing wrong with that we all have skills in different fields.

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