Jopawa,
No one is begging for a shameless plug. Rather, most think it is ridiculous that the same 10-15 stocks get covered infinitum, regardless of whether they are up/down 1/4 point, while other stocks soar. I tune into CNBC to **learn** something. My definition of **learning** is not hearing about CSCO, DELL, AOL, etc. rehashed 15 times daily, while other stocks make REAL moves.
Back when I was an analyst, the last stock I wrote up/recommended (ANEN) was at 4 1/2. Dow Jones News Wire picked up my initiation of coverage. CNBC did not. The company is run by a young guy (Larry Sala) who is a virtual "boy wonder" genius. He makes most of the goof CEOs interviewed on Squawk look like amateurs. In the four years since I rec'd the stock, CNBC has never ONCE mentioned it. Today, ANEN hit 77. Now, wouldn't you have wanted to know about a stock with great mgt (like ANEN) before it went from 4 1/2 to 77? There are boatloads of stocks that meet the same profile...we never hear about them...rather, the AOL, DELL, etc. stories continue to get rehashed over and over again.
Again, I bitch not because I need CNBC to "pump" my stocks (based on my track record, that is obvious). I bitch because I want CNBC to expand their coverage--because I want to find out about other ANENs. Again, tell me about something I do not know about...rather than the same old worn-out stories.
Gary |
