s a complete a-hole. When Google came out out with its blow-out numbers on 4/19, he predicted that YHOO would get slammed big time. This morning, before the open, he was lamenting that he did not maintain his short position in CFC going into earnings. What an a-hole!!!
I think Karl is generally negative because he got burnt BIG TIME in the tech bubble. Check his background. Thus, he can only see the negative. He was wrong with techs and he's wrong on what he perceives to be the mortgage bubble. Actually he's just plain wrong period.
One day Karl will realize that he's just a plain old investor who is lucky at times and not lucky at other times. He will probably stop posting then, at least under the name "k_denninger".