A Heads-up On Stocks Headed For Zero

摘要

It seems like only yesterday regulators were accusing stock analysts of being stingy with "sell" ratings because of conflicts of interest,rnsuch as a desire to win investment banking business. How quaint. With the S&P 500-stock index down 39% and many individual stocks down twice that, analysts have started assigningrnan even worse rating: "going to zero."rnThe trend may have started over the summer when some enterprising banking analysts predicted that shares of IndyMac Bank in Pasadena, Calif., would go to zero. Bravo to them, since the stock was recently about 4￠ a share.