michaelpachter
Member
(Today, 03:49 PM)
Reply | Quote
Fwd FYI #
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http://biz.yahoo.com/a/ie/2471.htmlI'm enjoying your posts. I try to be right, get it wrong often enough, but on balance the number of "rights" exceeds the number of "wrongs" by a lot. I have a subscription service that ranks us on our recommendations, and my rank is the 92nd percentile for overall returns in 2007 and 87th percentile in 2006, but can't send you the link because it wouldn't work.
It would be refreshing if you would beat me up for something more recent than 2005 . . . However, I'm not hiding from my spectacular failures.
A couple of notes in my defense:
1) I downgraded EA to a Hold in fall 2004 at 60, and upgraded in September 2005 at 57, as you correctly pointed out. I upgraded to Strong Buy in June 2006 at 43, and it went to 59 . . .
2) my Sell on Netflix was at 18 in August 2004. It has barely generated savings account returns since, and is headed lower . . . and my price target is $15.
3) I was the only analyst to rate Activision a Buy in February 2003, at $3. It's a six bagger from there.
Cheers, and keep up the good work.
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So, I wrote him a note saying I wasn't trying to be malicious. Just having fun in the thread. I would imagine it's hard to be someone that is so public with his opinions/work and have some desk jockey like me make fun of him. I probably wouldn't handle it so nicely.
