bud777
fire starter
Posts: 1,354
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Post by bud777 on Nov 20, 2014 10:51:32 GMT -8
Here is video of Blodget talking about how he dealt with the humiliation of being banned from Wall Street for securities fraud . youtu.be/cjiNYMA2hU0It is hard to watch it and not feel some sympathy. The part where he apologizes to his father who has the same name for the embarrassment he caused seemed almost human. Almost. Then at around 1:44 he says "Fortunately, this is only a personal integrity disaster". Just integrity, nothing serious. I don't think that I have seen a more direct admission of a lack of character since the Cramer video where Cramer is talking openly about how to manipulate Apple. Or perhaps everything every published by Michael Blair on SA. I struggle to find a positive side to having people like Blodget in the world, much less in the industry, but I guess there is this...blatant shameless and visible crooks like Blodget are a constant reminder to any investor to question advice and guidance from those who claim to know. I guess it is better to have visible dishonesty than well concealed theft. Other than that, I think he is a swell guy I think you're too tough on Blodget. He messed up. But he paid a big price and tries to be open about it . Part of his error back then was euphoria driven. A lot of people were swept up and few were so publicly hung in the public square. I agree that there were probably people doing much worse who escaped unpunished, but my biggest problems with the guy have nothing to do with what he did back then. Rather they are with what he did to re-rehabilitate himself. Working his way into Yahoo Finance and then spinning off Business Insider was by his admission a conscious effort to exploit the web by creating controversy through any means possible. I remember how he would harp on Steve's health problems day after day just for the clicks. When I think of him, I am reminded of Lily Tomlin's quote.."No matter how cynical I try to be, I just cannot keep up"
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Deleted
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Post by Deleted on Nov 20, 2014 11:08:49 GMT -8
Matt Lauer drew the short straw with his interview w/Blodget. Watch Henry's smile disappear in 1, 2, 3..... www.youtube.com/watch?v=BljfhTfozXUJD is right -- this guy has no scruples and his Business Insider is contemptible.
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Post by tuffett on Nov 20, 2014 12:00:16 GMT -8
I don't think much of Blodget but I do have a different opinion than most here about sites like Seeking Alpha and BI. Yes, there is a ton of trash used to generate views but there's also a fair bit of good stuff in there. The key is to be able to sort through and ignore the crap. I don't use BI to get info on Apple but the board here likes to focus on the negative articles when there are also of positive ones. For example, the iPhone has been at the top of their smartphone rankings list for ages. That's probably a significant positive influence to a good number of buyers. It all depends on who's writing it.
I know too much about Apple and AAPL to get anything meaningful from click-bait articles, but I do get a good deal of meaningful info from some of the non-Apple stuff on BI and Seeking Alpha, even if it's just a push to investigate a topic or investment idea more deeply.
BI is valuable for what it is if you accept it - a low level conglomeration of articles, some with good information with a bunch of crap thrown in the mix. Frankly, it's like the rest of the internet. Seeking Alpha also has a bunch of crap, but there is also some really good analysis from many experts in all sorts of industries.
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Mav
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Posts: 10,784
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Post by Mav on Nov 20, 2014 12:06:42 GMT -8
It's a really great GREEN day. Blodget and his site are not to be trusted period for anything Apple and probably more than that. That's just me. It's a really great GREEN day. Change your face. Be happy. Enjoy! www.youtube.com/watch?v=J9Goh-nW0dA
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Deleted
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Post by Deleted on Nov 20, 2014 12:08:32 GMT -8
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Mav
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Post by Mav on Nov 20, 2014 12:09:25 GMT -8
Ricky Rubio has some of the best expressions
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JDSoCal
Member
Aspiring oligarch
Posts: 4,189
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Post by JDSoCal on Nov 20, 2014 13:11:35 GMT -8
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Post by artman1033 on Nov 20, 2014 13:17:11 GMT -8
It's a really great GREEN day. Blodget and his site are not to be trusted period for anything Apple and probably more than that. That's just me. It's a really great GREEN day. Change your face. Be happy. Enjoy! www.youtube.com/watch?v=J9Goh-nW0dAOOOH! timberwolves reference!
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mark
fire starter
Posts: 1,575
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Post by mark on Nov 20, 2014 15:29:28 GMT -8
Today I finally exited all my Jan '15 positions. I had a bunch of Jan '15 87.51 (600) calls remaining. Onward and upward :-)
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Post by incorrigible on Nov 20, 2014 15:41:59 GMT -8
Sensationalistic headlines taken to a new low. Unbelievable.
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Mav
Member
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Posts: 10,784
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Post by Mav on Nov 20, 2014 16:32:31 GMT -8
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Post by chasmac on Nov 20, 2014 17:26:51 GMT -8
If the DOJ has to lower themselves to "a child might die" then they are desperate. Spy on everyone and trample their rights and now you throw out a weakass straw man. What a joke. Miss iPad and her Wheeeeees!
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Post by artman1033 on Nov 20, 2014 18:18:47 GMT -8
It looks like this Iphone thingy is a big deal. From BBY earnings call today seekingalpha.com/article/2699415-best-buys-bby-ceo-hubert-joly-on-q3-2015-results-earnings-call-transcript?part=singleKate McShane Good morning and congratulations. I was wondering if you could walk through in a little bit more detail the impact of mobile in Q3. Obviously there was the big launch in September. But I wondered if you could walk through what some of the dynamics were with the launch and how you think this will maybe differ in Q4. Hubert Joly - President and CEO So there are a couple of things I would highlight. Prior to this iconic launch, we saw continued pent-up demand. So the market dried up and had a significantly negative impact on our mobile revenue. Then at the launch we did quite well but then supply was uneven during the quarter. .....Now looking into Q4, a main uncertainty remains the availability of iconic phones, there's a number of them but we can think of at least one or two, and that's very difficult to focus. So we do expect to continue to be constrained during the quarter on that standpoint, which you will see however of course compared to last year is the fact that we now have installment billing which we didn't have last year. ..........Michael Lasser Okay, that's helpful. And as a quick follow-up, can you give us a flavor for how well you are able to not only attach but also cross-sell that traffic that came into your stores in the third quarter for iPhones, and do you think you'll be able to sustain that type of performance into the fourth quarter? Hubert Joly - President and CEO Thank you for highlighting that. These iconic launches generate significant traffic. We are happy with the accessories and services attached. Now is that impact related to the installment billing? I think we've said that, and in general what one of the things we've said in our prepared remarks is that the traffic trend to our retail stores was still negative has improved compared to the first half of the year. Now, what is the weight of these phone launches versus other factors, I would actually say that the mobile part of our stores is by far not the only place in the stores where we have transformed the experience. So I wouldn't exaggerate the impact from a traffic standpoint of these launches.
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JDSoCal
Member
Aspiring oligarch
Posts: 4,189
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Post by JDSoCal on Nov 20, 2014 18:25:51 GMT -8
Yep, the old statist war cry of, "but the childrennnnn!" LOL. Another desperate argument the national security and LE community are making is that encryption is bad for business. I'm gonna say "no" and go with Tim Cook's judgment on this one.
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