Rande,
I know you dislike people being rude on your thread, but I cannot discuss AS in a serious manner.
In my opinion, he was lucky, and picked stocks that were falling hard. The more they fell, the more he recommended them. See LU and WCOM as examples.(I know, you know:-)) Anyone who bought his bargains went broke. Noone can afford to buy stocks at 70, 60, 50, 40, 30, 20, 10, and then "load the boat" at 7...AND THEN brag about the 50% gain when it bounces from 7 to 11 ish. Most everyone would've been spent out long before the bounce, or bottom.
The most recent announcement is the best. It confirms my belief that he knows little to nothing about the market, fundamental analysis, or anything at all market related, imo. What actually angers me is that he posts his amazingly unresearched opinions here, leaving unknowing investors to lose their money due to him. His entire schtick has been a charade.
His recent downward mental spiral has finally brought his act to the forefront. His ramblings are endless and often, and people are finally done with him, short of poking fun in frustration.
I guess not doing any research at all is what frees up so much of his time to ramble here and draw criticism.
Happy Friday, it is BEAUTIFUL in NJ today, I am heading into the city early today before the Yankee game tonight.
Have a wonderful weekend, Jason |