SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Gorilla and King Portfolio Candidates

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: chaz who wrote (7115)9/27/1999 5:05:00 PM
From: Bruce Brown  Read Replies (1) of 54805
 
...if anything it's designed to give their sizeable sales staff a reason to call all their RMBS holders and get them to churn. I have so low a confidence level in MM pronouncements that I don't even consider them, or better, use them as a basis for an exactly opposite view. I come by this not from any first hand experience, but from simply connecting the dots from where the stock is or was, what was said and when, and what later happened to the stock price....

Chaz, I couldn't agree with you more. I've posted my anti-Oh Danny Boy Niles thoughts about the above before. Here's the score card for Niles on Intel.

In the days following early summer negative comments on Intel by Niles, one could have picked shares up for $50 1/8. Using today's close of $78 3/16, investors who bought at that low have a nice 56 percent return for the past 4 months.

In the days following last week's negative comments on Intel by Niles one could have picked shares up for $72 5/8. Using today's close of $78 3/16, investors who bought at that low have a nice 7 1/2 percent return for two trading days.

I know it's all just noise, but it fit your theme above.

BB

Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext