| McGran said: So does this mean that, of the forecasts listed on the OP, it's Pachter that has proven to be the most accurate? The guy gets plenty of abuse on here, perhaps he's due some credit. |
He's still unexceptionally off. As an analyst that gets paid to offer guidance for investors, his information should be better and the analysis he offers conservative. When he's wrong because he's conservative with his analysis, his investors still benefit. When it's bullish, they may not.
That's what's of concern in this whole thing. It's one thing for VGChartz to be off, they aren't advising clients at Wedbush. Pachter doesn't get off so easily. He's got contacts in the industry, either he got fed bullshit or he's the one feeding it. Either way it's about people offering really bad information. No one here is paying VGChatrz for their info, Pachter is a different story. People pay him for investment advice. Being off less than everbody else in a bad way stll isn't good, it just doesn't look as bad.
If Pachter can't phone a few bell weathers to find out how things are looking retail wise then where does he get/base his information from? Does he just pull it out of his ass? I would expect better. Had he been at 2m or less, maybe a pass but 2.3m was still a bit bullish in my view.
