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Reply #6: All I know....is that if you read any stock book out there on how to choose stocks... [View All]

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cbdo2007 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-11-10 05:41 PM
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6. All I know....is that if you read any stock book out there on how to choose stocks...
they all say, "Don't listen to Wall Street analysts."

Basically, they are people at the large investment firms who are trying to find relatively safe, yet somewhat profitable companies for them to suggest for their clients. Therefore they are should not be trusted because you never know the *real* reason they want you to buy X stock.
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