Should You Use Analyst Predictions to Trade Stocks
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Join Tim Bohen on the topic of analyst predictions and price targets for stocks. Bohen breaks down the intricacies of understanding analyst ratings and how they impact trading, especially in the context of lower-priced stocks. He explains the role of analysts in evaluating a company's financials and prospects to make projections about its stock price. Bohen highlights that for established companies like Apple or Google, these targets are usually reliable due to reputable analysts, but the game is different in the world of penny stocks, where things get murkier. He sheds light on sketchy analyst firms that manipulate low-float penny stocks with inflated price targets to allow insiders to sell their shares at a profit, emphasizing the importance of being fast, using tools like breaking news, and understanding the repetitive nature of these manipulative tactics. Tim shares valuable insights to help traders avoid becoming bagholders and make informed decisions in this volatile market. Don't miss this!
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#StockMarket #StockAnalysis #stockprediction
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*Tim Bohen teaches skills others have used to make money. Most who receive free or paid content will make little or no money because they will not apply the skills being taught. Any results displayed may be exceptional. We do not guarantee any outcome regarding your earnings or income as the factors that impact such results are numerous and uncontrollable.
You can lose money trading stocks. Do not invest money you cannot afford to lose. You understand and agree you will consider the important risk factors in deciding to purchase any of our products or services.
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