I like to listen to Herb because he's pretty good about sniffing out all of the possible negatives to owning a stock.
Since most of his sources are short sellers, he tends to have a gloomy outlook.
Boy do people get angry with him when he points out problems with their favorite high-flying "story" stocks.
Originally Posted by al_bundy
and yet a reporter of all people, Herb Greenberg has made more right calls about companies in the last few years than most analysts
off topic in this thread, but in the last 2 weeks or so MBIA and Ambac have lost their top bond ratings. except for a few sites, the financial media has been very quiet about this considering the hype they raised during the last sucker rally we just had
learned the hard way not to trust CNBC and pretty much every financial publication out there, and the anaylsts. very few analysts in the last few years made some right calls to give investors warnings before a company blows up. you can still see it in the ratio of buy to sell ratings on companies.