Gleefully purloining Tim Annett's magnificent description* of loser brokers downgrading loser brokers, we present, from Bloomberg:...Today, StreetInsider tells us:
...*Mr. Annett was an uncontested Climateer 'Line of the Day' winner 27Sep07:Speaking of the WSJ's Blog Empire (see below), Tim Annett posting at MarketBeat was yesterday's winner with a walk-off home run*:
Like a gang of clowns in a pie shop, Wall Street brokerages had a merry old time slapping one another with various downgrades, earnings-estimate parings and price-target reductions in the lead-up to their recent earnings announcements....
*From Wikipedia:
In baseball, a walk-off home run is a home run which ends the game. It must be a home run that gives the home team the lead in the bottom of the final inning of the game...
and is a lock inductee into the Climateer 'Line of the Day' Hall of Fame.
(should we ever get around to creating it)
Citigroup Slashes Estimates and Price Target on Bank of America (BAC):
Isn't it rich?
Are we a pair?
Me here at last on the ground,
You in mid-air.
Send in the clowns.
Isn't it bliss?
Don't you approve?
One who keeps tearing around,
One who can't move.
Where are the clowns?
Send in the clowns....MORE
Are we a pair?
Me here at last on the ground,
You in mid-air.
Send in the clowns.
Isn't it bliss?
Don't you approve?
One who keeps tearing around,
One who can't move.
Where are the clowns?
Send in the clowns....MORE
-Words and music by Stephen Sondheim
