OT - Whisper number?
biz.yahoo.com
Ruecker spotted a table on Yahoo (http://www.Yahoo.com) that carried a whisper number of a profit of 22 cents a share for Citrix' first-quarter results, three pennies above the First Call consensus. Sceptical, the auditor than went to the Web site of the table's source, Whispernumber.com, and checked out the Citrix whisper number.
``Right there it said: 'Enter your number,' so I clicked on it. Then I registered, entered 18 cents, and all of a sudden it changed to (a new whisper of) 20 cents,' Ruecker said. ``I said: 'Holy ss...sugar!'
Whispernumber.com's founders, Paul Hauck and John Scherr, conceded investors can manipulate the Web site's data. But they said the site still is a good predictor of stock movement, and cited a 60-70 percent accuracy rate.
``There is some trust factor involved; we hope investors come to our site and in good faith provide their analysis,' Scherr said. ``You can't be too naive though, this is after all investment in stocks. That's why we're encouraging investors to look at the number of whispers to get a better gauge of whether this is a strong sentiment indicator.'
Trust, yeah right that won't fly.
Keith |
