The "daily Call" From Option Alpha: Options Trading | Stock Options | Stock Trading | Trading Online

Hey everyone. This is Kirk here again from Option Alpha and welcome back to the daily call. Today, we’re going to answer the question – “How reliable are buy sell recommendations?” And we’re specifically talking about buy and sell recommendations that come from analysts. Speaking as someone who was an analyst and I was in the REIT space, so I used to cover multi-family and specialty housing office, industrial REITs which was a really cool industry, loved it a lot, I was part of a team that would write the reports. And so, we would sit down together and we would compile research, we would do analysis on the company, the industry, the sectors, the real estate holdings that these RIETs had and we basically put out our buy sell hold recommendation. The question now is – “How reliable are these?” And the answer is – I don’t think they’re that reliable. I mean, as a person that was actually doing it, again, what you're looking at is you're looking to figure out some sort of intrinsic value, some fundamental value i