Philip Elmer-Dewitt recaps the rise and fall of Andy Zaky.
3 thoughts on “An investor nightmare”
What a clusterfuck.
I feel bad for Zaky and his readers, even though I don’t understand how he did not anticipate the greed and capacity for criminal behaviour on Wall Street.
Wow.
Another solid article by Elmer-Dewitt BTW; he’s doing some great writing recently.
after he mispredicted AAPL ‘s bottom 3 times in a row, I realized something was very off with the stock.
Hedge Funds only invest in momentum stock which
they can manipulate going up and down.
Notion that some huckster can come along
and see pattern in random set of data is quite
funny. Same kind of bullshit goes on in media
report of drug studies using suspect statistics.
Unless Apple attracts main street who like stock
prices lower than 100 and basically boycotts high
frequency investors same kind of thing is going to happen
again. but then again regular folks aren’t even in stock
market since the 2008 crash. They are not coming back
What a clusterfuck.
I feel bad for Zaky and his readers, even though I don’t understand how he did not anticipate the greed and capacity for criminal behaviour on Wall Street.
Wow.
Another solid article by Elmer-Dewitt BTW; he’s doing some great writing recently.
after he mispredicted AAPL ‘s bottom 3 times in a row, I realized something was very off with the stock.
Hedge Funds only invest in momentum stock which
they can manipulate going up and down.
Notion that some huckster can come along
and see pattern in random set of data is quite
funny. Same kind of bullshit goes on in media
report of drug studies using suspect statistics.
Unless Apple attracts main street who like stock
prices lower than 100 and basically boycotts high
frequency investors same kind of thing is going to happen
again. but then again regular folks aren’t even in stock
market since the 2008 crash. They are not coming back
anytime soon.