DISQUS

louisgray.com: http://blog.louisgray.com/2009/03/rackspace-stock-undergoes-scoble-effect.html

  • devinpoolman · 8 months ago
    Wouldn't you want to adjust for RAX's beta? Looking at Google Finanace they don't list a beta - maybe there isn't enough data to do a regression analysis to set a beta. Not that there couldn't be some causation, but the larger swing could be due to RAX being more volatile than the NASDAQ.
  • Louis Gray · 8 months ago
    Devin, I think very few people could look at the surge in Rackspace's shares and give Scoble credit. It's simply a fun exercise - no matter how much or how little technical analysis one throws at it.
  • crisatunity · 8 months ago
    I've come back to reading you after a long hiatus, and your recent posts have been great. But after reading this I remember why I stopped subscribing originally:

    This post is a perfect example of a echo-chamber butt-kissing.
  • Louis Gray · 8 months ago
    Michael, thanks first for the compliment and your checking out the recent posts. This is partially meant as satire. It's supposed to be silly. Scoble and I get along just fine, so I don't think I need to pump him up any more. Keep me honest though.
  • crisatunity · 8 months ago
    Fundamentally the echo-chamber needs incessant pumping. It is its nature.

    The Downward Spiral was actually one of the most insightful and brilliant "economy" pieces I've read. It buys you a lot of leash.
  • Louis Gray · 8 months ago
    Appreciate it. I knew writing that would be a little close to home for some folks, but if all we do is talk about the positive things, we're only covering part of the story.
  • Robert Scoble · 8 months ago
    Louis: you crack me up. Timing is everything in life but I wish I could take credit for this. Rackspace is rocking and rolling and I had nothing to do with that. This is my favorite company I have ever worked with and I said that long before I was on the payroll.
  • John E. Bredehoft · 8 months ago
    Or, there are lies, d-d lies, and statistics... :)
  • eric norlin · 8 months ago
    Rackspace gaining ground clearly has nothing to do w/ Scoble and everything to do w/ the fact that they decided to sponsor the Glue conference (www.gluecon.com) ;-)