You are sooooooooo right as to the street.com being worthless. I cant imagine how they got to be so big with such dribble. I think they are public now as well, yes? I myself have a website which i make recommendations that deal primarily with reits and oil and gas and I cant get 5 subscribers a year with a 50% 2003 and over 40% 2004 track record. Ahhhhh, I guess when you have big advertising dollars and a slick website, you dont really need to produce results. Me, I am long and strong on CHK,BHP,PGH,NFI,EQY,LUM,JOE,MVL and a few others. Will be buying SU,PCU and OIS this morning.
Bottom line is: there are a LOT of dumb ass day traders who think that they can accurately guess the daily or weekly movement of share prices. Time and time again, it has been shown that nobody can consistently do this, just like nobody can consistently forecast a roulette wheel. So when this goofballs at TheStreet.com publish their garbage, people jump at it. In some cases, cause and effect are reversed because enough people read that garbage. TheStreet doesn't give a shiite- they're making money.