More evidence of the problems with media recommendations…
January 31st, 2011
On November 17, 2010 two different firms downgraded Corning [GLW] and First Solar [FSLR] citing company news they thought would hurt the stocks’ performance.
That turned out to be (or even contribute to) new lows for that time period that were never to be seen again since. Simply compare the original prices as of the date of the downgrades to today’s prices. Doing exactly the opposite of what was advised would have worked out brilliantly.
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