LP,
Just in case it wasn't clear, "stupid" was in no way directed at you.
This is the link to the affidavit. Look at page 32:
oag.state.ny.us
BTW, this topic is not new to me.
In case you missed it.<g>
From the 7/14/00 WSJ:
Despite Mr. Blodget's 75% caveat, his recommendations on individual stocks, like those of many Internet analysts, got more bullish even as they led the Nasdaq Composite Index to ever-more-dizzying heights. Today, he rates 12 of the 27 stocks that he follows as "buy" (the rest are "accumulate"), compared with just one buy rating for the 10 stocks he followed a year ago, says Bob Kim...
"Out of one side of his mouth, the message of caution," says Mr. Kim, "the other side, buy the leaders." He describes the Blodget message as: "The risk isn't losing 100% of your investment now, it's giving up 10-times gains in the future." But, says Mr. Kim, "it seems that so far, little of that has panned out except for the downside part." |
