Rightfully, many investors in the junior sector look at stock recommendations from analysts or experts with a great degree of skepticism. The junior sector is small and there are always potential conflicts of interest evident in these types of recommendations. For example, sell-side analysts may cover a company for which their firm also provides investment banking services. Alternatively, analysts may also be promoting only the stocks in which they own a position.
I have always been similarly skeptical when reading analyst ...Continue Reading →