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Lesson from Analysts

how to sue.  Most of the analyst report will have a disclaimer to cover their ass.

abc2xyz      ( Date: 17-Oct-2008 11:42) Posted: This sort of things are based on a case by case basis.  I don't know if we have any lawyer here, but I believe if any of the following conditions are present, you can sue the analyst who make a recommendation for you to lose money. 1.  You are a paid subscriber to his service and he provides you the information based on his expertise for a fee. 2.  You or other subscribers also lost money based on the untruthfulness of his report. 3. You can prove he makes money while you lost.   IMO ekekeg      ( Date: 17-Oct-2008 11:31) Posted: Legally despite their disclaimer, if alot of people lost money out of their recommendations, they can come together and sue these analysts and ask them to pay something.  But you need a good lawyer to do so.

 

This is the problem for long long time but no body bother to look into this problem as we are RETAIL INVESTORS. To give insight, institutional investors are given the report few days before the actual release. Hence they have already exited the market if that report is a SELL, or loaded up if the report is BUY. THere is just no fairness and who access to the report have ample time to react.

 

For retail investor, those reports are way too late. RETAIL INVESTORS are at disadvantage. Unless there are regulation to enforce for these cold blooded firm to release the reports to all institutional and retailors at the same time, failing which they would be suspended from operation. With whistle blower together they would be scare of getting caught with the pants down.

rabbitfoot      ( Date: 17-Oct-2008 11:28) Posted: Looking at current share price, I cannot help but question the quality and integrity of  analysts here. Just look at China stocks listed here which were so highly recommended and now they are left in jitters. Can they please come out and explain why they had such strong buy calls previously and suddenly now issue sell call even though the price now is so dirt cheap.

 

So far i haven't tried following analyst report, but one mistake made was to follow a step behind market/price movement, thus ended up vested too late or exited too late... so either following who/report, lesson learn here is to make own judgement call and also accept the output.... but thou at violatile times like this, having all this stupid analyst report can be confusing, and at times throws the prices otherwise, cos even if i dun believe the report, others might and sends the price that way :(

DnApeh      ( Date: 17-Oct-2008 11:39) Posted: ANALyst refers to someone who thinks with his _____? So, we would expect to get ______ from their reports. If we were to refuse to use our brains and follow their recommendations, that makes us worse than _______.

 

I never lsiten to analysts for buy or sell call. I think I am making much  better returns (more accurate stock-picks) than them.

What I understand from is that many analysts and young and fresh  from school..

 

Looking at Lehman Br incident, bringing banks to bar also difficult and the chances for victims to win the case is very slim. The main pt is that, the buyer had signed the contract.

We hv one good lawyer, but he just passed away lately. 

 

This sort of things are based on a case by case basis.  I don't know if we have any lawyer here, but I believe if any of the following conditions are present, you can sue the analyst who make a recommendation for you to lose money.

1.  You are a paid subscriber to his service and he provides you the information based on his expertise for a fee.

2.  You or other subscribers also lost money based on the untruthfulness of his report.

3. You can prove he makes money while you lost.

 

IMO

ekekeg      ( Date: 17-Oct-2008 11:31) Posted: Legally despite their disclaimer, if alot of people lost money out of their recommendations, they can come together and sue these analysts and ask them to pay something.  But you need a good lawyer to do so. rabbitfoot      ( Date: 17-Oct-2008 11:28) Posted: Looking at current share price, I cannot help but question the quality and integrity of  analysts here. Just look at China stocks listed here which were so highly recommended and now they are left in jitters. Can they please come out and explain why they had such strong buy calls previously and suddenly now issue sell call even though the price now is so dirt cheap.

 

ANALyst refers to someone who thinks with his _____? So, we would expect to get ______ from their reports. If we were to refuse to use our brains and follow their recommendations, that makes us worse than _______.

 

Legally despite their disclaimer, if alot of people lost money out of their recommendations, they can come together and sue these analysts and ask them to pay something.  But you need a good lawyer to do so.

rabbitfoot      ( Date: 17-Oct-2008 11:28) Posted: Looking at current share price, I cannot help but question the quality and integrity of  analysts here. Just look at China stocks listed here which were so highly recommended and now they are left in jitters. Can they please come out and explain why they had such strong buy calls previously and suddenly now issue sell call even though the price now is so dirt cheap.

 

Looking at current share price, I cannot help but question the quality and integrity of  analysts here. Just look at China stocks listed here which were so highly recommended and now they are left in jitters. Can they please come out and explain why they had such strong buy calls previously and suddenly now issue sell call even though the price now is so dirt cheap.