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Stocktwits (@StockTwits)
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- We created the $ prefix for stocks (e.g. $MSFT). Follow @stocktwits and go to Stocktwits.com for Real-Time ideas and stock conversations.
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I stumbled across the crazy price action today in Herbalife ($HLF) which was the result of some questions that Greenlight Capital’s David Einhorn asked on the company’s earnings call.
The first thing I did was listen to the replay of the call – of Einhorn’s questions. You can listen to the audio here. I immediately concluded that Einhorn’s questions were no big deal, and that there was no smoking gun in either the questions or the answers. So I started
There is a saying that the market reflects the price of everything and the value of nothing. Wall Street is such a house of mirrors. There are very few original thinkers. If you have a good track record (read you were right at least once big time) and you sound and act confident, not only no one is going to question you, but also you are likely to have tremendous impact on the market.
Are there way too many “second level” thinkers in this market, who prefer to take the short cuts and let’s say look only at charts and follow established names? Everyone is taking the path of least resistance, not only because it takes less efforts, but
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