Friday, October 10, 2008

Goldman Sachs - Another firm predicting wrongly

16 May 2008 - $141
7 March 2008 -$200
Another drastically wrong prediction! By Goldman Sachs. Oil price is now US$80.29. Do you still trust Analyst ratings?
SGdividends understand that forecasting or prediction is not an exact science as numerous factors come into play. But when calls are drastically wrong, something must be amiss. Stay tune as we investigate into why such things happen? (See other Analyst gaffes)

1 comment:

  1. A case of talking up and selling off goodies on chinese new years eve ? not worth much on new years day . . .


Note: Only a member of this blog may post a comment.