Gary B. Smith (The Chartman), columnist for RealMoney.com, Pat Dorsey, director of stock research at Morningstar.com, Tobin Smith, editor ChangeWave Investing, Scott Bleier, president of HybridInvestors.com�all guest on the show basically called TELK a broken down �scam stock� which is destined to go much-much lower.
Definitely NOT a vote of confidence there�I just hope this doesn�t entice more LONGs to sell on Monday!
I might add that that venerable jerk, albeit a prosperous one, recommended symc this week and said he owned it. A month or so ago, in response to a query on the that right wing tv investment rag, he said symce had a terrible chart and he wouldn't own it or buy it. (I generally try to short their buys and buy their sells.) I have found over the years all free investment advise, including those issued by analysts, are worth exactly what you payed for them.
WOW that show sounds like they had a lot of real savy med\biotech experts.Really sounds like a bunch of chart readers looking at a broken chart and predicting the stock is going lower, wow those guys are great.I bet they do not know anything about recent data that telik has shown at asco.