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0 0 0.00515278137565189 0.0035252908646536 0.00521405160665416 -0.00042235912915179 0.00521405160665416 0.00501762645432331
Stock impact report

The Everyday Companies Bay Street Is Ignoring — but Main Street Can't Live Without [Yahoo! Finance Canada]

MercadoLibre, Inc. (MELI) 
Last mercadolibre, inc. earnings: 2/10 04:01 pm Check Earnings Report
Supposedly staffed by the world's foremost financial minds, trained at elite business schools in Toronto, Montreal and the U.S., Bay Street's firms are trusted by their clients to give them sound financial advice. To be sure, some at these firms know what they're doing. However, far too many investment bank analysts tend to recommend stocks or IPOs on the basis of whatever is trendy, rather than what has good long-term profit potential. For this reason, they often end up issuing “screaming buy” ratings on bubble stocks near the top, most commonly during tech bubbles. Knowing this, is there any way for you, the individual investor, to gain an edge over Bay Street? Certainly, the Street's analysts and fund managers have more credentials than you do. However, they also have a disadvantage you don't have: pressure. Bay Street professionals have clients and supervisors breathing down their neck demanding high returns over absurdly short time frames – per quarter, per week, or even daily! Show less Read more
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