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Monday, October 19, 2009

Rosenberg's latest revisionist history

Says we are still in a secular bear market, but that at the lows in March, he "was agnostic!" and he wanted to turn bullish and ride in like the "Marlboro M an" but the market got too high when he was hired.

Does anybody really buy that? With all his bearish rants?

First he said he played the Devil's Advocate in April, which was his nuance of bullishness. Now he says he turned bullish in March!

It's in the first two minutes!
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15 comments :

Anonymous said...

no one buys this...this is insane how he still gets to go on tv.

btw...seems like BHWX has run up and stabalized at 1.37...is it a buy at that area? do you have a target for this promote?

Anonymous said...

The clowns at CNBC dont challenge him since they want him again. Need someone to tell him in his face that he has been dead wrong

Palmoni said...

No--I screwed up on that--I don't like that promo--If it was the Canadian number, it would of been ok--because the buying would of caused it to really move because it was so thin.

He sent a teaser email that I didn't check until later--It then showed the acreage of the number he was touting which confirmed that it was BHWX--which he announced this am.

If it was the Canadian promo I mentioned you would of had a huge move. BHWX will probably go higher because he's a good promoter, but I'm not playing it.

Got it at a football game, and I wrote about it, before checking my email.

But you can see by the volume that he's one of the better promotoers!

Anonymous said...

wow...looks like GCI is taking off after good earnings...i sold the low 13s for good gains.

do you think it's worth jumping back in at 14 or going in MNI?

Palmoni said...

I'd take a shot with MNI here

Anonymous said...

When will somebody say that David Rosenberg is just a liar?

I agree with the guy that said the clowns at CNBC won't cghallenge him

Anonymous said...

how about LEE as they are due for earnings this week?

Palmoni said...

That stock really trades well-it looks like you are right on that number

Anonymous said...

sorry..actually Lee's earnings are Nov 12th.

Anonymous said...

Palmoni - looks like BCRX is catching some legs again after a thrashing that brought it to low 8s. It's almost 10 again...what do you think?

palmoni said...

Hopefully someone will float a buyout story and let me out!

Anonymous said...

didn't know you had any.....i assume you don't think it's going anywhere

Palmoni said...

actually I'm still hopeful with it--I don't think the short story on BCRX is true--I just hate suffering through it.

Martin said...

First ever post here. I just entered email in the search box, thought I would send but I'll post. I got one of those "Teaser" emails today from a Money Morning. Its "only "$995" to subscribe [will forward if you wish]. I figured out its ROC, and I didn't know this one, and the subsidiary doesn't show in their description. If you were to give an OK on this one, I would make some switches. If there is a send feature here, please point it out...Thank You

Palmoni said...

they have a free service