When Is Success Not Success? 0
When it’s not good enough for Wall Street “analysts,” the unsung and often nameless arbiters of everything. Demand for India’s Nano automobile is double supply, but, nevertheless, it’s not good enough.
But this was not enough in the eyes of the market.
“Poor response to Nano is a sentiment dampener for the stock,” said analysts at Batlivala & Karani, which has an underperformer rating on the company.
This whole pathology of judging companies based on (someone’s? whose?) expectations, rather than on performance, stinks like limburger cheese.
