This guy is such a joke. Look at his past stock recommendations. What a diaster. Please if you are going to follow this guy blindly you should look at his past posts. My fav was BQI at 1.60 post was titled "BQI a 4 banger from here" LOL How about his genius pick of HERO at 5$ a share on october 6th... Nicely done buddy When asked why he picks his stocks... He responds: my only reasoning is that the price is going up and its been going up since march. It will keep going up. I have no charts. For you, no theory, no talk about oil or nat gas." WOW!
the only call Ive seen him make is a $100 winner on GOOG and a $23 winner on AAPL.............why dont you make a call???
its one thing to pick winners when the market goes in your direction its another to pick losers in an up market which is what his track record shows...
I didn't start the post to promote my picks... I just commented to point out this gentlemen's track record...
LOL. Fine I'll bite... Short BC and WGO. Been short for months and will continue. Also short LNY. Long gbu-t
Maybe they see the death of consumerism in the USA as the proverbial 'writing on the wall'. Love, or hate Google, I think that everyone agrees, they desperately need to actually start creating a product that isn't entirely reliant on high consumer spending, in order to sell.
Usually one has to go to Yahoo message boards to see hyperbole of this caliber. Even if Google pulls out of China totally, it only represented less than 2% of their revenue. The founders are selling 15% of their holdings over 5 years. That is not "in mass" or even en masse, and there's no evidence that they're running out the door.