HEDGEEYE - incredible how bad they are

[themoose]

Anyone else follow these hedge eye guys? It's incredible how wrong they are...

I use to follow there service, a true scam on the reporting on their 'virtual portfolio' is an understatement, they flat out lie about losses etc...

how can these guys get away with it..

 

[newwurldmn]

The head guy was at three different funds in 1 year. You don't do that unless you are bad at investing and good at self promotion.

 

[themoose]

Yep, he's all snake oil. I guess their portfolio is 'virtual' so no one can
throw him in jail for his false claims...

 

[syswizard]

So this is basically a signal calling service ?
I know a lot of prop firms are interested in this because their crappy platforms don't have the sophistication to do their own.

 

[Bob111]

how one can possibly rely on someone else in this business? regardless to how much they charge for their service(but specially for $30). do you seriously expect something that would give you a great return and all you have to do is just follow some alerts from time to time? on other hand-they stated on their website-"Gain access to our real-time stock ideas". that's it-ideas. i can give you 10's or even a 100's of them each day. make some random generator that would spit out some random shit and here we go. king of hedge and king of ideas

 

[themoose]

I was just commenting on how bad they are, almost comical...

ILMN , ZMH some of there biggest shorts at start of year...

now im hearing their short the market out right.. amazing contrarian indicators...

 

[Bob111]

maybe you can get your money back by trading against them

 

[dont]

I had them on twitter, unfollowed them could not take the incessant tweets about absolutely nothing

 

[themoose]

Ya, I don't subscribe anymore... the twitter feed is hilarious...

one of our traders just shouted out how he said he was short spy a point higher but in fact he's down slightly on the short.. unreal, I guess when you have a virtual portfolio you can bs all you want...