By James Kwak Facebook went public a week ago, to great embarrassment. NASDAQ creaked under the strain and, more important, the price dropped from an offer price of $38 to as low as $27 over the next week as investors … Continue reading →
Analysts Prove Perilous as Contrarian Stocks Rise 165%
By Matt Walcoff and Lynn Thomasson – Jan 10, 2011
Following the advice of equity analysts may be perilous for your profits.
Companies in the Standard & Poor’s 500 Index that analysts loved th…