e.g.
Cabaletta Bio, Inc.
CABA-19.9%+ Free Alerts
dropped 17.9% to $1.03. Morgan Stanley downgraded Cabaletta Bio from Overweight to Equal-Weight and lowered the price target from $15 to $3.
What is the message they are giving?
She thought that buying a mansion was a good long term investment. Unfortunately she bought it wish short term funds. Obviously it isnot a good strategy.
Bragging rights are like investing in a theatre play or investing in hedge fund becauseWalter Wriston former CEO was an investor. People didn't do their DD( due diligence) They just jumped on the ship. End result the hedge fund went kaput.