Having morning coffee and flipping through the cable business shows this caught my ear – Piper Jaffray downgraded the shares of Motorola to a sell. Let’s check this out for a moment.br /br /This stock was trading in the mid-20s for much of 2006 and started to crated in mid-2007. Where is it now? Last price as of this writing was 7.57. Where was Piper when the stock was in the 20s? Now they downgrade it? Thanks for looking out for my best interests.br /br /I read a report that someone did a study buying stocks when they collect analyst sell recommendations. Motorola still looks like it is a dying stock but I certainly will start watching it now with the idea that it has a dead cat bounce, if not more, coming up soon.br /br /Just for kicks, here are the last few analyst changes as recorded by MarketWatch.com.br /br /style/stylediv3/26/08 Amer. Technology Research…….. Neutral from Sell /div div9/24/07 RBC Capital Markets………………… Outperform from Sector Perform /div div9/20/07 Cowen amp; Co. ……………………………. Outperform from Neutral /div div7/30/07 JMP Securities …………………………. Market Perform from Market Underperformbr /br /Each one of these is an upgrade!!!br /br /Now check out the chart:br /br /a onblur=”try {parent.deselectBloggerImageGracefully();} catch(e) {}” href=”http://2.bp.blogspot.com/_0kPlZMvFr70/SF-zr-PFSuI/AAAAAAAAADQ/mBMkuB29DJU/s1600-h/chart1june23.png”img style=”margin: 0px auto 10px; display: block; text-align: center; cursor: pointer;” src=”http://2.bp.blogspot.com/_0kPlZMvFr70/SF-zr-PFSuI/AAAAAAAAADQ/mBMkuB29DJU/s320/chart1june23.png” alt=”” id=”BLOGGER_PHOTO_ID_5215084461540330210″ border=”0″ //aDo you think this might have helped here? Uh, yeah. You can see some support breaks. Not shown is a rather big trendline breakdown in Jan 2007.br /br /Is it any wonder I don’t look at balance sheets and income statements? The market tells me what I need to know and it said quite clearly several times last year that this stock should not be owned.br //div