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Here's a reason to take the prediction / analysis seriously: The analyst makes these statements, the market joins in, and then management begins to follow along
by Kroem3r 13y ago
Here's a reason to take the prediction / analysis seriously: The analyst makes these statements, the market joins in, and then management begins to follow along. Not a happy model, nor one that is always followed, but certainly a component of publicly traded companies.
It would be fun to have an review of how insightful a given analyst has been. It would also be good to have a proper 'full disclosure' policy.