In a very known newspaper in Portugal one unknown specie of analyst published an analysis on the share price performance of the portuguese company Semapa.
It is said that for the gain trend to be maintained the price should stay above the 8,25 mark.
This is for me unbeliavable , how it is possible for people to listen to these kind of foolishness?
And some people do follow it. Imagine if you had shares of Semapa and you had listen to this foolishness and you had sold your stock yesterday, what to think of this analysis? Maybe ask the analyst for your money back?
This analysis represents more than it, represents a country that follows ignorance. If you want to know if a stock will go up or down you don´t have to study more than a doctor, you have to study about the bussiness of the company you are buying.
If you want to make 20% returns in stocks you don´t have to trade stocks, you simply buy stocks of a company like Semapa, Pfizer, Johnson and Johnson or many others.
This post is for people to think what they are doing, and think if they really ever made any money following these type of analysis.
The graphic in this post is just a graphic. The only comment to be made is that the analysis is 100% wrong.
