High on something
$Riot Platforms (RIOT.US)$ ratings by these ‘analysts’ is like reading the script for a sci-fi mega series written under the influence of some substance.
There simply cannot be logic to back a stock as ‘strong buy’ that falls by 18% in just under two days. I really hope $Riot Platforms (RIOT.US)$ is not pinning hopes just on ER reactions.
Being fundamentally strong is very different from being fundamentally ready.
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An analyst building the trader mindset with deep understanding of day trading and value investing.
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egan1 : they just get paid to promote stocks id ignore em. do you're own dd. id say this is a strong sell
nitrousstang : Do your own dd is worthless when the market it controlled by people who think they are part of the greater good
egan1 nitrousstang : I mean I do my own dd and I came to the conclusion this stock wasn't worth $11. Also no one controls the market to quote the wolf of wall st; "Number one rule of Wall Street: Nobody - I don't care if you're Warren Buffett or Jimmy Buffett - Nobody knows if the stock's going to go up, down, sideways, or in fucking circles, least of all stockbrokers."
nitrousstang egan1 : You’re telling me an institution can’t see cash coming in big a particular stock. Do a little 5th grade math on much shorting it will take to turn it the other direction?
R30R OP egan1 : You read too much, my friend.
(jk as it is a wonderful habit). The books only provide one perspective.
The institutions have all the power to lobby. A stockbroker may not know, yes, but once you start to see patterns you will learn to exploit it or stay far away from it.
I have learned that the market is impeccably controlled. There is no way big institutions are capitalising deposit, savings, pensions, etc without knowing when and how to shake the money tree.