This may be the first time in memorable history I have ever agreed with Pachter.  I'm considering sticking that in my sig.

He said it himself though, he knows stock, not consoles. He llooks at reports and judges individual companies. But, I will agree that being a little nicer to certain companies is not a wise disision. In a game as big as this, there is no place for sugar coating.

Yknow I never knew why everyone craps on pacther so much. He makes the same type of industry guesses that we make every week in predicition league. Why is it ok for us and not for him? I think the main reason you guys piss on Pachter is because you somehow believe that his JOB is to make guesses, and that is his only function and that he gets paid to do that. When the reality is his actual job, his actual work is FAR different from that. The guy just does the predictions on the side, the media likes to report his numbers though because of his position. But he is not just guessing and getting paid for it, he does that for fun like we do. And you guys crap all over him because you THINK you know what his job is, and you dont.

I don't disagree that he has a bias or at least that he is usually very wrong, I was just joking and saying I didn't remember him saying it exactly like you did =)

Pachter is one of my favorite analysts, it gives me hope that a person who cant predict anything is paid good money to do it anyways. If somebody like him can make a living while being wrong most of the time, then I am set for life.

He says what everyone should know already, he makes predictions so calling him an idiot or whatever is pretty pointless.

The guy is in the business of market analysis, in the realm of other stuff he is only a person making predictions.

He can't act on inside scoops, which he mentions, because those are embargoed and he can't talk about 'em.

So his GTA IV info was all speculation just like if anyone else speculated.

 Yes and he gets PAYED for it.

 So the real idiots are.