Regular readers know I have a short position in WCI, a home builder based out of Florida. Well the analyst thats following the stock at JMP securities definitely doesn’t know what the hell is going on.
According to Yahoo Finance’s Analyst Opinion page, the JMP analyst downgraded the stock on April 10th, followed by an upgrade on August 15th followed by another downgrade on September 25th.
What is this guy getting paid to do????
I wish I had a job like that!