On Christmas Eve Pachter reveals what everybody knows. Merry Christmas Mr Pachter and a happy year full of Wii HD.

"Since my job is to get the big picture right, I can afford to be wrong often on the small stuff," said Pachter, who's most recent headline-grabbing claim was that "PSP2 is going to be dead on arrival."

"I don't think I've gone a week without having an incorrect prediction," he later admitted, explaining that he makes some 200 predictions a year on sales alone.

"Nobody cares if I'm right, except fanboys," he added. "My clients are merely looking for a benchmark in front of numbers so that they can assess whether the stocks of the companies I cover will go higher or lower."

http://www.computerandvideogames.com/article.php?id=281666

This is the funniest thing to come out of him in a long time.

In other words: he makes up stuff so the investors do the wrong thing.

Not only Nintendo employees read forums, also Pachter!