Financial Deathwatch for the Amazon |
Posted: 03 Aug 2019 10:50 PM PDT
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Posted: 04 Aug 2019 09:01 AM PDT Recently I came across an article purporting that CNN posts fake buy ratings, and at first I thought it was just some Trump touting conspiracy article, but I had to click and see because I am naturally inquisitive. I'll entertain any angle, and as a trader, money talks, so if somebody is posting fake buy ratings, that can be the difference between making a fortune, or losing everything in certain circumstances. I read the article, and there is an archived link to an analyst consensus estimate for Alibaba. CNN has it listed at $1500, a 12 month 800% increase. Even when you see it, it's still hard to believe, but I checked their website and it's actually still there. They haven't taken it down, and the archived link was several months old. Has anybody else noticed this or is it just me? I'm pretty sure CNN is breaking several securities laws right now, and they also risk being sued... here is the link [link] [comments] |
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