I harp on this a lot on my blog, but once again I want to point out the silliness and awful nature of price targets by Wall Street banks.

In December, Goldman Sachs upgraded the price target on Lumber Liquidators $LL to $112. A few shekels were made by traders in the know, but alas it looks like the next few weeks were the last good time to sell the stock.

I have a friend Jack with a paid service who was short this stock for the last few months and hopefully will allow me to share his newsletter that detailed the reasons.

In the meantime, yesterday, the stock imploded and the reasons are not important because Goldman Sachs has your back…NOT!

Today Goldman did not downgrade the stock but LOWERED their price target to $75. The problem is…the stock is $55.

As you can see from my doodle on the amazing ChartIQ product (biased investor), I have started to label the area between price upgrades and the eventual downgrade….’The WTF Zone‘

I hate this zone and so should you. It is Wall Street and Investment Banks at their worst.