Fast Money, cnbc's financial advice show is nothing more than pretenders entertaining each other without the concern for serious viewers. Various participants(joe terranova) constantly tout stocks in which they hold positions in the hope their advice(?) will encourage viewers to buy said stocks and give them the exit they seek. Buffoons like Jeff Macke think that speaking loudly and gesticulating make them right. Karen Finnerman is almost always at a loss to add any worthwhile comments but remains the darling of the group because she is the female on the show. Guy Adami has lost all credibility yet continues to pat himself on the back if he ocassionally gets it right. Pete Najarian talks way above the heads of the average viewer and would be better served by reseeking a career in football.
Where are the sell recommendations? Why tout stocks in the $100 & above category? Do these "experts really believe the average investor can buy 1000's or even 100's of shares of these overpriced and soon to fall vehicles.
It sure is easy to pick winners when the market keeps going up, but they know no more than any average broker. Which is to say NOTHING!
What is the purpose of the show? Buy their recommendations and then sell them the same day?
It seems their "advice" is geared to day traders alone, a group that has done nothing but jeopardize investors objective.
Finally, the ringmaster of this scam show, Dylan Rattigan, clearly is hoping that FAST MONEY is a springboard to a career in entertainment TV or the movie industry.
Suffice it to say, that these pretenders are so transparent and self serving that I expect their Nielson numbers are not even measurable because they are so miniscule. They've surely lost me as a viewer and the future will show I'm only the vanguard of legions of disappointed viewers will shortly follow.
