1Yr·

I thought it was delightful - Barclays is putting out a sell recommendation on $COIN (-0%) Coinbase before the numbers.

And the share price promptly jumps by 25%.

This is now just one current example of many....

They always turn like a flag in the wind. And the unpredictable throws every serious forecast over the edge.

7 Comments

Magellan@Magellan

1Yr

Barclays has also classified it correctly, but the court ruling on ripple has had a greater impact. That has pushed the whole sector and let coinbase stand better in its lawsuit by the SEC. Something unexpected happened, but the numbers had Barclays correctly analyzed 😉.

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Seventrader@7Trader

1Yr

@Magellan I say yes, as soon as something unpredictable comes - like here the court decision - even the best analysis is worth nothing. Too bad if someone followed this recommendation. These investors certainly don't find it "properly classified" And I'm curious when Barcleys will issue a buy recommendation.

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Dennis@GordonGekko83

1Yr

If I have understood correctly, the increase was partly due to a special situation. (Court decision SEC)

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Seventrader@7Trader

1Yr

@GordonGekko83 yes exactly, you see that right. for me it just shows again that these recommendations will never influence my actions. wait and see when barcleys will make a buy recommendation.

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Dennis@GordonGekko83

1Yr

@7Trader 📉😆

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Deleted User

1Yr

Comment was deleted

Seventrader@7Trader

1Yr

@Stefan241341 That's not my point either. I could have taken the post to Siemens Energie or BP and given you the appropriate buy or sell recommendation.

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