Comments on: Sell-side snafu of the day, JP Morgan edition http://blogs.reuters.com/felix-salmon/2010/07/16/sell-side-snafu-of-the-day-jp-morgan-edition/ A slice of lime in the soda Sun, 26 Oct 2014 19:05:02 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: McGriffen http://blogs.reuters.com/felix-salmon/2010/07/16/sell-side-snafu-of-the-day-jp-morgan-edition/comment-page-1/#comment-16827 Fri, 16 Jul 2010 14:46:32 +0000 http://blogs.reuters.com/felix-salmon/?p=4745#comment-16827 ^what TFF just said. Sell-side analysis, perhaps only slightly more useful than a 2006-vintage MBS rated AAA by Moodys / S&P.

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By: TFF http://blogs.reuters.com/felix-salmon/2010/07/16/sell-side-snafu-of-the-day-jp-morgan-edition/comment-page-1/#comment-16820 Fri, 16 Jul 2010 12:30:20 +0000 http://blogs.reuters.com/felix-salmon/?p=4745#comment-16820 The biggest lesson — what stocks are WORTH depends on their long-term performance. The number quoted in the market is merely what you can sell them for at this moment. That number fluctuates wildly, and even that broad trading range often does not encompass the true value.

Do your own analysis and move slowly. If you believe in a company and the stock is downgraded, then buy more.

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By: absinthe http://blogs.reuters.com/felix-salmon/2010/07/16/sell-side-snafu-of-the-day-jp-morgan-edition/comment-page-1/#comment-16807 Fri, 16 Jul 2010 06:59:57 +0000 http://blogs.reuters.com/felix-salmon/?p=4745#comment-16807 The good news is that the robots that read the original note and algorithmically brought down the price of the stock were probably the same ones who read the correction and brought it back up.

Oh wait, maybe that’s bad news.

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