When disseminated, analyst downgrades and upgrades can make a stock sink or soar.
The news did not shock Wall Street, where analysts have watched the company's stock sink and debts soar as digital cameras hurt Polaroid's core instant photography business.
WITH a glut of inventory and an uninspiring product lineup, Revlon saw its stock sink into the single digits last year, and it looked as if the bondholders would get only a small fraction of their money back -- perhaps as little as 10percentt -- next March, when the debt was to come due.
As more than 14,000 Bear Stearns employees watch the value of their stock sink and brace for firings, some of the 550 brokers at the company who handle individual investors' accounts are receiving job offers from competitors promising bonuses of $2 million or more, according to Bloomberg News.
There could be a lot of people who think Apple is worth $100 a share, but none wants to be the sap who pays full price only to see the stock sink to $80.
The trade yields the investor maximum potential profits of $3.95 per contract if shares of the underlying stock sink 19.80% from the current day's price to $35.00 by expiration day in June.
