Monday 18 July 2011

The more I examined this graph, the more it made me laugh

1. Courtesy of the famous Dick Bove who recommended buying Lehman Brothers 2 days before it crashed:


Source: http://www.zerohedge.com/article/afternoon-humor-dick-boves-histoerical-bank-america-price-targets

2. Look closely at the buy ("B") recommendations. Hilarious, no? Dick Hove's recommendations remind me of brokers' calls shovelling the latest pump and dump. A mature person knows this happens all the time, and laughs it off when the con tries it on.

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