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Strategies & Market Trends : Paint The Table

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To: AugustWest who wrote (9576)1/10/2002 12:35:29 PM
From: Jorj X Mckie  Read Replies (2) of 23786
 
I'd have to agree. I am always amazed how CNBC seems to think that the world revolves around them. About a year and a half ago, I got into a little argument with Ted David on the CNBC thread because a rumor came out about some company one night which caused the stock to tank in AH trading. Faber and Kernan were really upset because the company wasn't returning their calls and therefore the company must be a bad investment. Of course, it was a California based company and it as 5am when they called, but they still came to the conclusion that the company was a bad investment because they didn't respond quickly enough to CNBC.
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