http://www.cnn.com/2012/05/09/tech/social-media/zuckerberg-hoodie-wall-street/index.html
Who would have seen that coming? Probably the RAM Raider.
http://ramraider.blogspot.com/2010/04/michael-pachter-nostradamus-or-cunt.html
Either way, from being the laughing stock of gaming, he has graduated to laughing stock of the internetz.
Everybody loves a clown right?
It really is annoying that news sites automatically report on everything he says no matter what. Unless he specifies that he was told something straight from a publisher (because he does talk directly to them and he does know stuff, like he knew what Jaffe was going to show at E3 2010 and he's been told what to expect from MS' 2012 E3 conference actually by MS), no special attention should be paid to his opinions (and opinions are all they are).
I noticed that his site has apparently stopped mentioning him by name, instead just calling him an 'analyst' then says its from him later in the story. Kind of odd, but i've noticed people no longer point our how full of shit Pachter is on those pieces, so i guess it really shows how many people only read the headlines.
That's his whole schtick. He obviously wants the attention, and starting rumors and talking out of his ass is a great way to get it.
I'm sure he must be worth something behind the scenes, otherwise he wouldn't have that job, but it begs the question how much of him is hot air, and how much is actual value.
I've seen several businesses with guys like that. They talk too loud, and too much, for anyone to realize that they aren't actually making money for the company.
And when you add a media profile to that, it just makes it even harder to fire them. It could also open doors in terms of talking to people, but it's very open ended.
If I was working at Wedbush Morgan I'd consider an article like that an embarrassment. I don't think they'd like for everyone to think that they're a bunch of Pachters.
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