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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Dale Baker who wrote (20174)	12/6/2004 12:05:59 PM
From: John Carragher	Read Replies (1) \| Respond to of 78523

he and cramer were both calling tyco to blow up. every night on kudlow and cramer , cramer was stating tyco is going bust. I let him talk me out of it.. another regret. made some but cramer like always sounds like he knows the situation and i find out more often he doesn't... also green... appears to me to a short , talk all his stocks down.. on fox last friday they asked him doesn't he see anything positive in the market. he kept trying to avoid the issue and was asked several times in interview about him being negative all the time. Wonder why...? is it to drive down stocks for shorts or is he fair and balanced?

To: Dale Baker who wrote (20174)	12/8/2004 4:01:44 PM
From: - with a K	Respond to of 78523

Look at his track record in NFI, ALD and ACAS among others. NFI has a nice move on good volume today, after a downgrade! stockcharts.com[h,a]daclyiay[pc21!d10,1!f][vc60][iut!Lp14,3,3!Lf]&pref=G Interesting piece: 12/6/2004 KC Star has interesting article on NFI's innovative approach to credit management for troubled clients. Alan Newman's Crosscurrents has decided to do a series of articles on the shorting of Novastar and how it is likely to play out, including an article on the greatest short squeeze of all time. For more information, you can email info@cross-currents.net, but you must place NFI in the subject line. Caveat: the articles will not be free. Below, from today's issue of Crosscurrents. "Just a teaser on Novastar Financial (NFI-NYSE), which we covered in the last issue with the shares at $43.83. Look at the price now. We are already preparing another article on this developing short squeeze and may be persuaded to run a third article, since this story is just so darn interesting. Our November 15th piece brought an astounding response, well over 150 emails requesting more information (we actually lost count and can't bother to go back to our abacus, sorry) prompting considerations to make NFI somewhat of a continuing story until the shorts surrender or prove correct and drive NFI to zero. [Please note: your Editor owns a small position in NFI] Another Herb Greenberg pan on CBS Marketwatch on November 11th asked whether Novastar should have disclosed a lawsuit prior to its recent 1.5 million share secondary offering. Mr. Greenberg posed that the "NovaStar Financial story now officially goes from confusing to perplexing." The story can be seen at tinyurl.com. Although the suit claims damages of more than $200 million, one-fifth of NFI's then valuation, the market always knows best. The stock opened down 26 cents to $42.58 (a 0.6% loss) and then closed up three cents on the day. If this development had ANY merit for the shorts, the market should have reacted the way markets are supposed to. What is perplexing is why Mr. Greenberg continues to cover the stock in such a negative light despite the company's continued success. Stay tuned, our next installment should turn out to be an even bigger eye opener than the first. nfi-info.net./news.htm