Louis, as usual, the latest emanation from Planet Lou left me torn between vomiting in disgust and laughing so hard one of my neighbors had to knock on the door and see if I was okay.
Our 'Strong Buy' recommendation of K-tel's shares at $10 9/16 (split adjusted) on April 17 was one of the best calls on Wall Street in the first half of 1998...
Oh man. That's a killer!
And the reason you would qualify for being "on Wall Street" would be?
Again, that's just too funny.
K-tel's shares subsequently rose over 273% in 13 trading sessions as the tremendous short squeeze we predicted did indeed occur
Gee, Lou, funny you didn't mention the fact that you showed up here on this thread and touted the hell out of the thing and then made your last post on May 6, 1998.
What other analyst "on Wall Street" is nice enough to give, by name, that kind of "follow-through coverage" through post after post here on SI?
And I'm going to hazard a guess that I'm probably not the only one out here who's noticed that you, the "predictor" of the short squeeze, was here on SI touting the stock until May 6, 1998 and then after you stop posting (last post 5/6/98), it just happened to go from the mid 30's to 10. Gee, Lou do you think there was a little correlation in your "prediction" there that you may have left out?
I'd like to edit you're copy, if I may. IMHO it would have been better to say:
"The 'Strong Buy' recommendation of K-tel's shares at $10 9/16 (split adjusted) on April 17 and subsequent touting on stock chat boards was one of the best cases of shameless stock-hyping and huckstering on Wall Street in the first half of 1998. Although the stock is currently under-water from where we recommended it, it would be hard to believe that we (and you, dear followers) didn't get out exactly at the top, since after all A) we are so very brilliant and B) you can read our minds (if you can't read our minds, that's really your problem isn't it)..."
Good night,
Tom |
