The end of bullshit recommendations?

These guys can't be (and are not) serious!

I subscribe to a lot of stuff. Some of it is “core” but lots of it is to check and see what people are up to. Some outfit called HedgeEye has a basically free offer to check out their stuff. I know lots of retail types watch this so figured I should see it.

The first thing that caught my eye is a recommendation for a stock I’ve worked on for months and owned off and on - sometimes in size - $PLBY.

It’s a little hard to believe but this “analysis” is a video that runs 2:21. And part of that is the founder of the firm hawking his subscription service.

The “analysis” is basically that “this company is doing everything right and when the market stops going down the shares are going to rip higher!!”

How does anyone waste their time with this total horseshit? The current offer for their service is $6/month which I guess says it all - if you get what you pay for then every day you’ll get an idea presented that is worth 20c ($6/30 days).

Our “New Frontiers” portfolio from IPO Candy is back to a “real money” portfolio because valuations now make sense again.

I’m recording videos of our triage process and also how we dig into our valuation methods that will be made available on Vimeo next week. That’s the kind of stuff you want to be doing in markets like this.

Part of the reason the market may need to grind down further is to get rid of all these silly people in the market.