Re Fat Prophets. Yes, I do expect them to give advice at the right time so that their subscribers can take advantage of their "informed analysis" and actually make some money. No, I do not expect them, to bring out buys and keep on reiterating the buys even when the SP continually declines.That smacks of arrogance in that they cannot accept they misjudged but would rather their subscribers keep on placing funds into a negative situation, even if there is still hope at the end of the investment tunnel. They are supposed to have expertise and understanding of the resource market and yet I find that they repeatably do this. If they were able to read the company situation correctly and give a signal as to the appropriate time to obtain a benefit then I would respect them but that is not the case.
I have done ever so much better by listening to a wide range of news,reviewing company reports and making my own decisions. I often find that a journalist is a much better tipster than the Fat Prophets resource analyst.Oh, and tuning in to HC. I do not buy or sell withjout first checking the goss on HC - thanks everyone for your feedback.
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