TheAcsMan.com no longer publishes original content material. Reprints of previously published "Daily Market Updates" available to subscribers of OptionToProfit.com appear for informational purposes only and links are de-activated.
The only kind of "Talking Head" that I like is the kind that I saw in concert on a twin bill with the Ramones in Boston.
I don't like the kind of "Talking Head" that convincingly and arrogantly explains to the droolers in the viewing audience why American Tower stock would plummet in value upon the announcement of an AT&T takeover of T-Mobile, and then just as arrogantly explain how American Tower shares would soar once the merger fell through.
You would think that when the initial hypothesis was proven wrong and shares of AMT outperformed the market, they might curb in a bit of the "smug factor" and maybe even do a public mea culpa upon it's subsequent "unexpected" underperformance.
And you would also think that when Deutsche Telecom annouinces that it will devote $4 billion, coincidentally the same amount as the break-up penalty, to expand its T-Mobile network, they would grown tired of the thesis.
But what else can Talking Heads do besides talk?
I know that I'll never be invited into the "Talking Head" club, although I continue to savor my brief taste.