RE:The DB who called in Don't worry about the call to BNN, and any impact it may have had on the PHM shareprice.
One day's price fluctuation isn't going to matter one whit to a stock price 8 or 12 months from now. The only one's affected by such price swings are daytraders, and daytraders can quickly recover from one bad day.
I looked up to see who today's Market Call guest was... James Hodgins from what I see.
I imagine Hodgins made some pretty negative comments to cause such a sell off.
I haven't listened to Hodgins, nor will I.... and here's why.
About 3 or 4 years ago, as a less experienced investor, I too was a slave to Market Call.
James Hodgins, a newer guest at the time, seemed flush full of fresh ideas for small stocks,
One of those he mentioned was Royal Coal, in fact it was a top pick of his.
So, you may ask, how did Royal Coal do one year later? Well, it went bankrupt!
So - how did James Hodgins comment when it came time for past picks?
Guess what - Hodgins failed to show up for that episode.
See, I guess he had a car accident on the way down to the show.
Half hour to go... aw shucks, what was he supposed to do...
but, alas, he couldn't appear for that day's episode.
What serendipity!
I mean how does a portfolio manager explain to a national audience,
that one of his "top picks" actually went bankrupt in less than a year!
(ummm the dog ate his homework, I guess).
Ah shucks, this is a one time instance, anyone could have a bad pick... right?
But then, look at some of Hodgins other picks, like Estrella Energy, (100/1 reverse stock split),
Spot Coffee (on the verge of bankruptcy), Tuscany Drilling (another bankruptcy).
Seriously, if I were this guy, I would be embarrassed to come on to the show.
Which, by the way, is why I never watch him... nor will I.
Fool me once, shame on you... however, fool me twice then shame on me.
Sorry James... but your opinions just don't matter one whit to me, nor should they matter to anyone else on this board, especially given your past track record. Fundamentals, even technicals come into play with any stock... but we all know what is said about random opinions!
Have a good day.
C