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Bank of Nova Scotia T.BNS

Alternate Symbol(s):  BNS

The Bank of Nova Scotia is a bank in the Americas. The Bank offers a range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets. Its segments include Canadian Banking, International Banking, Global Wealth Management and Global Banking and Markets. The Canadian Banking segment provides a full suite of financial advice and banking solutions to retail, small business and commercial banking customers. The International Banking segment is a diverse franchise with Retail, Corporate, and Commercial customers. The Global Wealth Management segment is focused on delivering comprehensive wealth management advice and solutions to clients across its footprint. The Global Banking and Markets segment provides corporate clients with lending and transaction services, investment banking advice and access to capital markets.


TSX:BNS - Post by User

Bullboard Posts
Comment by nwatsonon Aug 05, 2008 11:33am
394 Views
Post# 15358345

RE: CNBC toasted by UK media.........

RE: CNBC toasted by UK media.........Mike Stathis has provided no evidence that Cramer provides good or poor investment advice.  His arguments are factless and based upon his own opinion.  Cramer provides technical and fundamental stock advice on the day that investors ask about a particular stock.  Just like the stock markets, technical trends and social or political influences can change the trajectory of specific stocks and ultimately alter his opinion.... yes, even one day later.  Much is the same with most programs on CNBC.  So, to say Cramer offers bad 'advice', without impirical evidence to demonstrate this, is simply niave and a technic often used by those who do not research any facts, but instead just lend opinion.  I'm not defending CNBC, but I know poor, basisless research when I see it.
You know why it took someone from the U.K. to write crap like this?  Because no American journalist would  take the time to ruin their career by providing an article declaring CNBC 'pumpers' after only researching the daily television schedule. 
Maybe the moral to Stathis' article is to do your own research.  Regardless, this man should not have a job writing about something he obviously knows nothing about and apparently makes no attempt to dissect his opinions or theories; perhaps he was confused to when Dr. Phil is on next.  IMO.

Good Luck,
nwatson

Bullboard Posts