M-
thanks, and as always i wish the best of luck to you as well.
i can agree with you that MB's statements might have been a little misleading, but i have to defend those who wish to run down the analysts. the analysts can quite easily defend themselves, but, unlike us, all they have to do is call CNBC and arrange an interview. being wrong (and i have been on many, many occasions) is not in and of itself bad. being consistently wrong is a bad thing though especially when little old ladies are buying stock on the advice of a professional who simply doesnt do his job. my respect for mr. kurlak remains in the dumpster.
while he and his ilk move markets, grandmothers are eating dog food. what angers me most is that there is no accountability. sure, everyone is wrong many times, but being so consistent in it is nothing short of incompetence.
i know some of these guys are basically sacred cows, but they have to be taken to task for their lax analysis. i dont want to sound mean, but missing accounting gains and dumping of inventory once is a mistake. twice it is stupidity.
good luck to all,
trey |
