lordmwesh, that is their job. They are paid to do that

Always read the small print. It normally says CAVEAT EMPTOR. Another thang on the same small print... A fool and his money are soon parted.

Warren Buffett and Ben Graham....in The Intelligent Investor....says...never ask a barber whether you need a haircut.If you do,the only answer you will get will be affirmative.To answer your question....they give a BUY advice because they make money when you buy/sell.And it matters less whether you sold at a profit or loss.

Seems people are investing in every listing hoping to pull a 'Kengen'. If you don't bother to at least go through the prospectus, the blame is squarely on you. The ultimate call is yours, not your broker's, whose primarily role is to execute, as Sober says

The work of a sales person is to convince buyers,whether they benefit or not provided that what you are selling is genuine and existing.

BRITAK IPO, THE MONEY-MAKER!

SELL! SELL! SELL! SELL! SELL! SELL!

To whom?

This is where pigs get slaughtered! Chickens are better off in the present mkt, though they are missing out on real good opportunities!

Reminds me of Obi Okwonko in Chinua Achebe's "No Longer at Ease". During his job interview, the mzungu he was to replace asked him:
"Mr Okwonko, do you want this job so that you can collect bribes from scholarship applicants?"

Okwonko replied: "With all due respect, sir, even if that were my intention, you honestly expect me to say so!"

Or something to that effect.

Also reminds me of the question that people ask waiters at a restaurant: "Hizo samosa ni za leo?"

Unadhani kamu ni za juzi atakwambia?