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Thomas Hawk posted a message
June 24 at 10:29 am - Link
And people wonder why Arrington is arrogant. - Bwana McCall
CNBC: Sources tell CNBC's Jim Goldman, No deal on the table. - Thomas Hawk
and in 60 seconds YHOO went from being up 7% to being up 2%. Wild. - Thomas Hawk
Between Mike Arrington and CNBC's Jim Goldman, Yahoo's mark cap flucuated by about $2.5 billion. What Arrington giveth, CNBC taketh away. Interesting interplay between new and old media. - Thomas Hawk
Google realtime quotes are fun http://finance.google.com/fina... - Bwana McCall
It's not Mike's effect. It's you all folks hanged to his lips. The question is "why"? I, myself, don't care actually :) - directeur
You make a great point, and it begs the question of how often power like this is abused. - Ben Reierson
and just like that back down to only up 1.4% on the day. pretty wild ride for the daytraders. - Robert Seidman
Think about this though. And I'm in no way suggesting manipulation here. Blogs tend to float rumors more than traditional journalism in my opinion. So if you *knew* a rumor was false but could get TechCrunch to print it anyways, in theory if you were well readied and positioned you could have profited millions of dollars between the TechCrunch rumor story and the subsequent CNBC reported rejection of the story. Just a thought. - Thomas Hawk
I get visions of pork bellies and orange juice and crop reports and randolph and mortimer and billy ray and louis and $1 bets - Bwana McCall
from the TechCrunch blog post: "The information we have is thin, but what one source is..." - Thomas Hawk
That's kind of a stretch. Newspapers once did the same thing. - Ryan
Correction - investors Don't Read TechCrunch . The news was on the the wire via Reuters !! So its idiotic to state that TC add's $1.5 cap to the market !- btw its not only idiotic its also stupid to think that TC blog /Mike can ever make such a dent in the market space.. he's just a blogger and cuts tech new's 2nd hand and this time its a Reuters source.. mainst/ wall street/ Puts and calls are placed based on the Reuter's news and not TC/Mike blog !! - Peter Dawson
Peter, Reuter's post at 10:22 was simpy. "Microsoft Yahoo Talks Back On -- TechCrunch" Reuter's was simply redistributing TechCrunch's story. This story was sourced by TechCrunch, not Reuters. The headline from my Bloomberg terminal rolled in at 10:07 and also referenced TechCrunch. - Thomas Hawk
I wonder if AP is going to quote TechCrunch... I don't think he got his check for the last quote :) - Bwana McCall
Thomas, arggggghh your correct.. but .. still .. I get this "traded up on bogus msft talks, then right back down" - its easy to spike the market , but creditability is also important. lets wait and see how this pans out.. then let's talk about the power of a blog. yep and dont' 4get madmoney and don't sale bearsterns call :)- - Peter Dawson
Carl Icahn and Arrington friends? - Andrew Smith
Peter, I don't think it's so easy to spike the market by $1.5 billion, even if it's just for 20 minutes. I'm not sure a blog has ever done that before actually. An awful lot of money could have been made in that 20 minutes. I've always thought Jim Cramer is a huge blowhard and his "noise" is detrimental to solid investing. I think his "Mad Money" show actually does more harm than good. - Thomas Hawk
I was a day trader 8 years ago. Made a lot of money but quit because of stress and addiction. I have not followed the market since. - Russellreno
yeah how many puts and calls were made within 20min and then how much $$$ was actually made net net ?? I am calling this as "bogus" call.. Mike is famous for this.. Please read the updates to the MSM entries CNBC later reported that the companies aren't in discussions, and the shares gave back most of the 11 percent gain." - Peter Dawson
What's interesting here is that Arrington has written dozens of posts in the past few weeks trashing Yahoo / Jerry Yang and none of those posts caused the stock to move like it did today (beating a dead horse?) - i.e. the stock seems to be more sensitive to upside rumors versus a continuous stream on negative news. Personally, I think the negative posts about Yahoo are about as enlightening as a weatherman standing in a downpour and forecasting rainy weather. - Mike Doeff
What valuation does that put TechCrunch at? Looks like they might be bigger than all the social networks combined! - Devlin Dunsmore via twhirl
well the I hope Mike A. bought a load of stock before publishing ;) - DC Crowley via twhirl
DC Crowley, nah, Mike's too smart to be involved with insider trading. It does make you wonder though if security regulators might start taking a closer look at blogs like TechCrunch. - Thomas Hawk
All hail the mighty Mike. - David Risley
ANyone who thinks Mike A can shift a stock price needs their heqd examining. Most the peeps on WS I know think he's flaky at best. - Dennis Howlett via twhirl
Thomas , SOX and SEC will catch up to Mike soon - (SEC enacted Rule 10b5-1) , itt may not for inside trading but certainly he /his blog can be termed as an instrument in a bettting and helping inside trading ( aka martha Stuwart ?) .. He'll become some1's bitch on the inside for sure .. - Peter Dawson
Dennis Howlett, explain the jump and subsequent decline of Yahoo's stock then if it wasn't Arrington who moved the needle here. He was the only source on a story and I watched the stock fluctuate about 7% in less than 20 minutes. - Thomas Hawk
very interesting... Bets are Yahoo and Microsoft are talking.. - Victor Caballero
And yet not a single comment from Arrington on this....reminds me of something similar I saw a while back.... - Snay Trivedi
@Peter your words: "So its idiotic to state that TC add's $1.5 cap to the market !- btw its not only idiotic its also stupid to think that TC blog /Mike can ever make such a dent in the market space." Followed by, "its easy to spike the market." Followed by, "I am calling this as "bogus" call.. Mike is famous for this.." Followed by, "Thomas , SOX and SEC will catch up to Mike soon - (SEC enacted Rule 10b5-1)." Which is it? Is Arrington influential or not? Did the post influence the market or not? - Christian Anderson
If I were Arrington, I'd start investing in the stock market and increase my amout of posts on "particular" companies. - Mark Frost via twhirl
marketwatch.com credits TC http://www.marketwatch.com/new... - Andrew Smith
@Christian, I was wrong w/first comment "dent in the market " and source. I corrected myself above. I still stand by "bogus call" and "spike the market". To answer the question, YES to "influential" - and YES to "influence the market". Like I said, bogus call.. lets wait to see creditability stats and see how investors / market reacts to his post.. its too early . In 30min rmarket closes. aftermarket calls and chatter will soon prove if mike was right or wrong .. and wither my bogus call is right or wrong - Peter Dawson
@mark, I agree with you.. Mike should invest and also blog about it.. then he will soon be in the slammer for inside trading.. all this personification and kissing Mike A's butt is really amusing.. - Peter Dawson
i call for a $30 per share minus poison pill as a fitting end. if so flickr would get all the live spaces photos into them making Flickr the biggest photo site ever.. wonder what you think of it Thomas - Avatar X
we should not 4get this post on TC --> If “Real Journalism” Fails As A Business, Should Government Step In?"http://www.techcrunch.com/2008... - Peter Dawson
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Dave Winer posted an entry on Scripting News
April 4 at 10:16 am - Link
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Robert Scoble shared an item on Google Reader
April 6 at 9:04 am - Link
very insightful piece. shows nicely the challenge between the personal need to be involved in multiply activities & interests VS the challenge of managing all the different sources, interactions and conversation. - udo
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Fred Zelders bookmarked a page on delicious
March 21 at 1:50 am - Link
Toen mijn zestienjarige zoon voor het eerst mijn blog en die van anderen zag, merkte hij op: "bloggen, is dat een soort van Hyves voor vijftig plussers?". - Fred Zelders
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