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I bought some shares at an IPO as a long term investment a few years ago and held onto them since. For shits and giggles I subscribed to the RSS feed for this t
by sdfjkl 12y ago
I bought some shares at an IPO as a long term investment a few years ago and held onto them since. For shits and giggles I subscribed to the RSS feed for this ticker on Google Finance. This feed contains a lot of stock ratings and "buy/sell/hold" advice from various analysts. After comparing this to the actual stock value for a few years in a completely unscientific process with a far too small sample, I've come to the conclusion that either these guys don't have a fucking clue about where stocks are going to go next or are ineffectually trying to manipulate the market. I kept the RSS subscription to remind me of this.