Student of the Market
Monday, 7 January 2019
Equity Analyst Translations
Equity Analyst ratings changes in plain English:
"Buy" → I have a friend that needs to unload.
"Hold" → I gotta get paid for doing something, so here it is.
"Sell" → I have a friend that wants to load the boat.
"Sector Perform" → Gotta write something about this, so here.
"Outperform" → I have a friend that needs to unload but he isn't that important.
"Underweight" → This thing was a POS from the get go.
"Overweight" → Best house in a shitty neighbourhood. "
"Price Target Lowered" → We're dumber than we first thought.
"Price Target Raised" → Everyone else is raising it, so we are. Besides, chart says momentum is building up.