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Non-Tech : Kirk's Market Thoughts
COHR 151.47-4.9%1:30 PM EST
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To: robert b furman who wrote (26402)11/4/2025 10:45:39 AM
From: Kirk ©  Read Replies (1) of 26438
 
Good morning Bob.

We really can't judge anyone on the performance of a single stock or trade unless they are successful over decades and even then I like to see it repeated with different stocks, much like Buffett.

These guys spit out so much "propaganda" to gather assets to manage for high fees, that I still don't trust them. I'm always reminded of Cramer getting PAID to give a big Keynote speech in early 2000 where he said there was no reason to own anything but 10 stocks he listed. I have the link somewhere and I believe 6 of the 10 went under, 2 were bought out and maybe 2 are still around. The total return would have been horrific yet I heard him last week on CNBC claim he made 30% for his hedge fund in 2000. He also gave in interview admitting how he could illegally manipulate stocks. There is a link to that video somewhere too. I wonder if he was pumping the 10 crap stocks while getting ready to bail... As long as he owned them at the time of his recommendation, his legal defense is "I changed my mind."

How much of Palantir's gain is political? Under the previous administration, the lefties here in the Bay Area were trying to get a boycott of Google/Alphabet unless they divested completely from government work and they wanted the same for Palantir. PLTR is hated now as I believe their software is used extensively by ICE... to track down targets for deportation.
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