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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?


To: Mike M who wrote (26493)2/3/2002 3:46:26 PM
From: Larry Brubaker  Read Replies (1) | Respond to of 99280
 
<<Folks can laugh him off if they want but he has some timing techniques which appear very useful.>>

Well that may be, but in doing a search on Don Wolanchuck on Google, the only PUBLIC documentation I can find of his track record are a series of interviews on Stockhouse and a few other places in which he made a series of horribly bad calls. I have yet to find PUBLIC documentation of any Wolanchuk interview in which he made even close to 50% good calls. If you can provide a link to a public document in which his track record is better, I'd be interested in reading it.

But it is not Wolanchuk's record of "market timing" calls that brought him to my attention. It was his touting of small-cap story stocks. This record includes claiming in 1999, that he "knew" that Motorola would be using a battery by Valence Technology in its next generation cell phone.
stockhouse.com

It is now 2002 and there still has been no battery by Valence Technology in any iteration of Motorola's next generation cell phone. Wolanchuk's multi-year touting of VLNC as the "next $100 stock," other small-cap stock touts (e.g ANTS, the next $1,000 stock) and erroneous claims of inside knowledge of impending big contracts with reputable companies smacks of a paid penny-stock tout.

This is my real beef with Wolanchuk, not his prowess (or lack thereof) with market timing.