first_imgUPDATED: Milford Community Games will hold a 5K fun run/walk and a kids one mile race in aid of Brendan Boyce’s Olympic journey tomorrow, Friday, April 27th at 7.30 pm – as news emerged of his inclusion in a World Cup squad.Registration in the clubhouse at Moyle Park from 6.15 pm. Spot prizes for runners and walkers, with showers and refreshments in the clubhouse afterwards.A native of Milford, Brendan qualified for the Olympics last September and in Slovakia last month he even beat that and set a new personal best of 3.57.33 – knocking 25 seconds off his last top finish for the 50km walk. A member of the Letterkenny Athletic Club, he is in training for the summer Olympics.Everyone is asked to come along tomorrow evening to give Brendan your support.Boyce has been included on an elite Irish squad that competes in the Road Race Walk world cup in Saransk ,Russia May 12/13.He competes over the 20k distance against athletes from 67 countries in an event that the host country Russia are expected to claim the majority of the podium spots ahead of the Olympic Games in London . Finn Valley’s Patsy Mc Gonagle manages the squad.   MILFORD 5K TO SUPPORT OLYMPIC CHALLENGER BRENDAN BOYCE – STAR TO COMPETE IN WORLD CUP was last modified: April 26th, 2012 by BrendaShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window) Tags:MILFORD 5K TO SUPPORT OLYMPIC CHALLENGER BRENDAN BOYCElast_img read more


first_imgMichael Murphy has denied suggestions that Donegal are a weaker team when he is not in the side.Murphy will miss Donegal’s Ulster SFC preliminary round clash against Cavan on Sunday as a result of the collateral knee ligament damage he suffered in the Allianz Football League defeat to Dublin in March.It has been claimed that Donegal are not as strong when Murphy is absent but the Glenswilly clubman insists this is not the case and he believes Jim McGuinness’ side are capable of putting Cavan to the sword at Breffni Park. “I suppose it’s something that has been said in media circles but it has never filtered through to this team,” Murphy is quoted as saying in The Irish News.“They’d be foolish to ever think that. Gaelic football is a 30-man game now.“The boys put any inclinations of that to bed in the Armagh game as they were very impressive.”It was feared Murphy had damaged his cruciate ligament but he was relieved to hear that he would only be absent for just over six weeks. His recovery has been a gradual one but he is pleased with the progress he has made. “I’ll just keep going at the rehab. I’m on the bike now and I’ll get out on the pitch in a couple of weeks’ time,” he added.“There have been no setbacks – everything is going well – and the leg is getting stronger and feeling stronger.”DONEGAL ARE NOT A ONE MAN TEAM – MURPHY was last modified: May 16th, 2012 by StephenShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window) Tags:donegalMichael Murphylast_img read more


first_imgThe protest in Dublin was massiveBY OWEN CURRAN: The growing tide of opposition in recent weeks topped of by Saturday’s massive demonstration, and by the election of Anti-Austerity Alliance Candidate Paul Murphy in Dublin South West and Michael Fitzmaurice an anti austerity independent in Roscommon/South Leitrim shows that the Government parties have underestimated the anger and determination among people to fight the water charges.Putting aside Irish Water spin- the reality is bills in excess of 500 euro a year for most families. Many people will simply not be able to afford the water tax.However without an organized campaign they will be left isolated in their act of non payment. We have to build non payment into a part of something big and organized. This is how the water charges were beaten in the 1990’s. A Campaign that can be sustained through 2015 and right up to a general election , responding to any threat of court action or to people’s water supply. That sort of campaign will put all parties under massive pressure to abolish this unjust charge.Saturday’s demonstration was uplifting , but it cannot just be a one off.That is why that campaign groups throughout the country including Donegal are now organizing for local demonstrations on Saturday November the 1st.If anyone wants to discuss further how we build the type of campaign that will lead to the eventual abolition of Water Charges join us on Friday 17th of October in Ostan Loch Altan @8 p.m. where Mick Murphy of the Anti Austerity Alliance and a veteran of the successful anti -water charges campaign in the 1990 ‘s will lead the discussion. For Contact and Information : Owen Curran 0863122784 WATER CHARGES: REFLECTIONS ON SATURDAY’S MARCH – BY OWEN CURRAN was last modified: October 13th, 2014 by John2Share this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window)last_img read more


first_imgCounty Intermediate Champions Four Masters will replay the Ulster finalFOUR Masters Ladies will replay their Ulster Intermediate Final at Tyrone’s Centre of Excellence at Garvaghey on Friday night, Ladies Football authorities have said.The Ulster Council of the LGFA says the game against Monaghan Harps will have a 8.15pm throw-in under floodlights.The replay follows a ruling by the LGFA at Croke Park. In the original final Four Masters Ladies – the Donegal Intermediate Champions – believed they were winning by two points with five minutes to go after consulting the referee and the scoreboard.However at the end the referee first said they had won, then said it was a draw.Monaghan Harps appealed the result to the Ulster Council who said Harps had actually won by a point.However LGFA HQ at Croke Park said this was the wrong decision and have ordered a replay. The Donegal Town club now travel to Garvaghey on Friday night with the chance to put matters right. FOUR MASTERS LADIES ULSTER FINAL REPLAY TO TAKE PLACE IN TYRONE was last modified: November 13th, 2014 by John2Share this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window) Tags:four mastersLadies FootballMonaghan HarpsUlster final replaylast_img read more

Rowing Finishes Third at 2019 MAAC Championship

first_img2V8 (4th, 07:37.041)C Stock8 Rimes*7 Roehrs6 Lajoie5 Hargreeves4 Hovland3 Hunt2 Faria1 Hovland­ “The team brought everything together today,” said Drake head coach Charlie DiSilvestro. “Our team had a goal to earn a top three finish. We set that goal back in January when we assumed that we would row at home. Our physical condition was outstanding, we were in the best shape ever and we’re so mentally tough from constantly erging and no practice water time and came together as team.”The 2019 MAAC championship was contested on a 2,000-meter course on the Cooper River in the Cooper River Park. Marist ended Jacksonville’s five-year championship run as the Red Foxes edged the Dolphins, 53-49 for the conference title. The Bulldogs earned 37 points for the third-place finish ahead of Stetson University, which had 32 points. Robert Morris rounded out the top five with 30 points. Canisius (22), Fairfield (21), Manhattan (19) and Sacred Heart (7) rounded out the bottom of the standings. Story Links Several Bulldogs earned individual honors as 11 were selected to the MAAC All-Academic team. Freshman Clara Froeschner and senior Sarah Konopacki garnered All-MAAC Rowing First Team accolades while seniors Madison Peterson and Erica Thacker garnered second team honors. Marist claimed the conference’s automatic berth to the 2019 NCAA Championship May 31-June 1 at the Indianapolis Rowing Center at Eagle Creek ParkLineups/Results/TimesV8 (4th, 07:07.904)C Rambhia*8 Bigus7 McNeely*6 Peterson*(2)5 Konopacki*(1)4 Dahlstrom*3 Thacker*(2)2 Smith1 Froeschner (1) The varsity 4 boat began the day for the Bulldogs with a third-place finish in their morning’s heat to advance. The 2nd varsity 8 moved on after it finished third behind Jacksonville and Manhattan, respectively. Finally, the varsity 8 was next and made up a large deficit on Manhattan over the final 1,000 meters to place third to also advance. Pennsauken Township, N.J. – The Drake University rowing team finished third at the 2019 Metro Atlantic Athletic Conference Championship on Sunday, May 19. It is the best MAAC finish for Drake since 2016 when it also earned a third-place showing.center_img Drake, which was only one of four teams that had all three of its boats advance to afternoon grand finals, was led by its varsity 4 boat that claimed a bronze medal while the Bulldogs’ varsity 8 and 2nd varsity 8 boats each placed fourth in their respective grand finals. V4 (3rd, 08:20.890)C Killian*4 Janes*3 White2 Coffman*1 Cogdill Final Results “Our four really led us off so well today,” DiSilvestro said. “We made sure we got faster from heats to finals and all three boats did that today led by them who shaved 31 seconds off their time. We were a little disappointed to be in sixth after heats but we reset and used our great fitness, mental toughness and real team effort to battle Robert Morris, Jacksonville and Marist and get that top three finish.” *MAAC All-Academic Team selection (Elyse Simons also named to team)(1) All-MAAC First Team(2) All-MAAC Second Team Print Friendly Versionlast_img read more

Ballybofey man ‘incapable’ of complying with bail orders is remanded

first_imgA Ballybofey man has been remanded in custody at Castlerea Prison to appear by video link at Letterkenny District Court after being rendered ‘incapable’ of complying with bail conditions.Darius McAteer was arrested on Wednesday, April 4, 2018 for offences contrary to sections 6 and 8 of the public order act. The accused was conveyed to Letterkenny Garda Station and made no reply when cautioned and charged. McAteer is subject to a curfew between 8pm and 8am.Garda Keon said McAteer stood accused of a ‘large number of alleged offences’  and that McAteer had broken the curfew on Tuesday, April 3, and Wednesday, April 4.Inspector Barry Doyle said he was objecting to bail.“He has no regards for the conditions that were set out,” Inspector Doyle said.The court heard that on Wednesday, April 4, McAteer intervened and ‘was obstructive’ while the driver of a car in which he was traveling was being arrested for road traffic offences.Under conditions of bail, McAteer is to remain sober.“He had consumed drink but at that time he was not intoxicated,” the Garda said. “He was directed to leave on a number of occasions.”McAteer was arrested at 8.06pm.Defending solicitor Frank Dorrian said that McAteer was unable to arrive home before his curfew as his transport was ‘lo longer available to him’.Mr Dorrian said: “He openly makes the case that the inability to get home was not of his own doing. He could make it home in ten minutes, but that is impossible on foot. The car was at a service station ten minutes before the curfew began.”On Tuesday, April 3, Sergeant Lynch said he responded to a call about a vehicle parked at the rear of the Millbrae Surgery in Stranorlar.“It was indicated that a number of persons were in the car, that cans of alcohol were thrown from the vehicle and that people got out an urinated in the car park,” Sergeant Lynch said, adding that he found McAteer to be intoxicated.Later that night, at 9.15pm, Sergeant Lynch responded to reports of three people drinking in a stairwell at the Navenny Car Park in Ballybofey and found the same three persons.“Mr McAteer was intoxicated and was the worse for wear and there was an amount of drink present,” Sergeant Lynch said.Sergeant Lynch said McAteer had ‘quite a catalogue’, something he had ‘never seen for a man of his age’.“There is something unusual going on here,” Mr Dorrian added. “My client has been under the care of the mental health service since he was 9. Since he has turned 18, he has effectively been jettisoned. He was diagnosed with ADHD and ODD and alcohol is a new arrival on the scene. He is living in a very derelict fashion.”Judge Paul Kelly refused bail and remanded McAteer to Castlerea Prison to appear via video link on Monday. Judge Kelly directed medical assessment on the matter.Ballybofey man ‘incapable’ of complying with bail orders is remanded was last modified: April 9th, 2018 by Staff WriterShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window) Tags:BallybofeyCastlereaDarius McAteerJudge Paul KellyletterkennyLetterkenny District CourtSergeant Lynchlast_img read more

“Primitive” Humans Were Sailors

first_imgGreek archaeologists have found stone tools on Crete thought to be between 130,000 and 700,000 years old, reported PhysOrg.  If so, the makers had to sail to get there.  “Crete has been separated from the mainland for about five million years, so whoever made the tools must have traveled there by sea (a distance of at least 40 miles).”  Before this announcement, the earliest date claimed for ancestors of humans was about 60,000 years, the article said, “although considerably earlier dates have been proposed”.  Back in February, claims of the younger date (130,000 years) “flabbergasted” the discoverers (see 02/18/2010).  Even then, an archaeologist compared it to finding an iPod in King Tut’s tomb.Tut, tut.  Observers of the collapse of human paleoanthropology are not surprised by more and more anomalies.  The surprises are the new norm.  This indicates that the non-surprising interpretation is outside the evolutionary box.(Visited 10 times, 1 visits today)FacebookTwitterPinterestSave分享0last_img read more

Nal’ibali searches across South Africa for its Story Bosso

first_imgNal’ibali is a national reading-for-enjoyment campaign. (Image: Nal’ibali)Nal’ibali invited all South Africans, young and old, to tell their favourite family-friendly story in their home languages and now has a shortlist for its Story Bosso storytelling competition.A national reading-for-enjoyment campaign, Nal’ibali has been running the competition since September and received over 2 000 entries from a full-cross section of South African society. These have been whittled down to just 15 candidates.Story Bosso has been designed as a nationwide talent search to excite people about reading and telling stories. It identifies undiscovered storytellers across the country and connects members of the public with a range of South African stories as well as tips and ideas on how to become better storytellers.It also favours the avid reader as people can access and enjoy all 15 shortlisted stories in the form of audio and video clips on the Nal’ibali website during November.These include original stories, retold stories and stories that have been read aloud by some of South Africa’s most animated storytellers between the ages of five and 51.“As people living in South Africa, we have a deep history of storytelling which reflects our diversity and our common cultural heritage. And, reading and storytelling are, of course, keys that unlock children’s literacy learning potential,” said Carole Bloch, the executive director of The Project for the Study of Alternative Education in South Africa, which drives the Nal’ibali campaign.Celebrity judges will help Nal’ibali literacy activists decide South Africa’s first Story Bosso and two runners-up.The judges include: actress and writer Lebogang Mashile; author and retired teacher Sindiwe Magona; social activist and writer Shaka Sisulu; comedian and author Nik Rabinowitz; actress and author Bonnie Henna; children’s author Alan Glass; new-age performance poet and singer Busiswa; and, TV presenter and radio personality Elana Afrika.The winner will be announced on 30 November and will – along with the title Story Bosso – take home a R5 000 cash prize, a R1 000 Ackermans voucher and a home library courtesy of Bargain Books, Exclusive Books and local publishers. The winner will also receive a visit from one of the celebrity judges.The runners-up will each receive R2 500 in cash, a R500 Ackermans voucher and a home library.THE SHORTLISTThe contenders for the title of Story Bosso are:Lisa Gebe: Story title: The Lion and the Mouse. Category: Read aloud. Language: English. Age: 11Chiara Dover: Story title: Probleme in die Droombos. Category: Read aloud. Language: Afrikaans. Age: 9Atang Makgata: Story title: A Dream about the Enchanted Forest. Category: Original. Language: English. Age: 12Busisiwe Smith: Story title: Goldilocks and the Three Bears. Category: Retelling. Language: isiZulu. Age: 30Edith Makola: Story title: Goldilocks and the Three Bears. Category: Retelling. Language: EnglishOlwethu Peter: Story title: The Hyena and the Seven Little Kids. Category: Read aloud. Language: isiXhosa. Age: 9Sihle Mncwabe: Story title: Everything is Rosy. Category: Read aloud. Language: EnglishNozipho Tshabalala: Story title: The Lion and the Mouse. Category: Retelling. Language: isiZulu. Age: 5Athandiwe Skade: Story title: Umboleki. Category: Retelling. Language: isiXhosa. Age: 7Kholeka Gwendolien Nojilawa: Story title: The Granny with her Grandchildren Living in the Big Forest. Category: Retelling. Language: isiXhosa. Age: 51Nyameka Combi: Story title: Lisa’s First Day at Harare Library. Category: Original. Language: isiXhosa. Age: 33The Bright Sparks Dancing Pencils Writing Club (team entry): Story title: The Golden Thread by Aaliyah Monga (club member). Category: Read aloud. Language: EnglishKerrin Kokot and Jayne Batzofin (team entry): Story title: The Lonely Frog. Category: Original. Language: English and Sign. Age: 33 and 31Funeka Soga: Story title: Lucy Learns her ABCs. Category: Original. Language: English Age: 24Horacio Ngovene: Story title: The Lion and the Little Mouse. Category: Re-telling. Language: English. Age: 21last_img read more

Conferences for small farmers coming up

first_imgShare Facebook Twitter Google + LinkedIn Pinterest Two conferences designed for small-farm owners will be held in Wilmington and Massillon, Ohio in March. Ohio State University Extension’s Small Farm Program is hosting the Opening Doors to Success and Living Your Small Farm Dream conferences to help small-farm owners get the maximum potential out of their businesses.“Across Ohio, there is an increasing number of residents who are purchasing small acreages,” said Tony Nye, an OSU Extension educator who coordinates the Small Farm Program. “Conferences such as these help provide landowners necessary information to help grow their small farm business.”The two conferences, each with a trade show, are designed to help participants learn tips, techniques and methods for diversifying their operations to improve economic growth and development on their farms, Nye said.Researchers and educators with OSU Extension and the Ohio Agricultural Research and Development Center, as well as industry experts, will conduct the conference sessions.The Opening Doors to Success conference is March 10-11 at Wilmington College, 1870 Quaker Way in Wilmington. The March 10 session is from 1-5:30 p.m. with a workshop on Poultry Production, held at the Wilmington College Academic Farm, 1590 Fife Ave., in Wilmington; and a workshop on Beekeeping for the Beginner, held at the Wilmington College Kelly Center on College Street in Wilmington.The March 11 session is from 7:45 a.m. to 3:45 p.m. at the Center for Science and Agriculture, 340 College Street, in Wilmington. Topics for the day will include applying chemicals, greenhouse production, livestock, field crops, finances, and farm and land access.Registration for the Opening Doors to Success conference is $20 for Friday, $60 for Saturday only, or $70 for Friday and Saturday. Register at by March 3. Students are offered a discounted rate.The Living the Small Farm Dream conference is March 25 at the R.G. Drage Career Technical Center, 2800 Richville Drive Southwest, in Massillon, from 8 a.m. to 3:45 p.m. The event will include 27 workshop sessions on topics including disease prevention, aquaculture, land management, finances, solar energy, pond management and using urban land for garden markets.Registration for the Living the Small Farm Dream conference is $60, or $30 for students. Register at by March 17.For more information about either conference, contact Nye at 937-382-0901 or conferences are an outgrowth of the Ohio New and Small Farm College, an eight-week program created by OSU Extension that offers an introduction to the business of small farming for those who are new to the industry. The program offers information on budgeting, business planning and developing a farm structure, among other issues.Additionally, on March 24 from 9 a.m. to 3:45 p.m., also at the R.G. Drage center, a Women in Agriculture conference will take place. Participants can register for this and the Living the Small Farm Dream conference at a reduced rate if attending both. For more information, visit The registration deadline for the Women in Agriculture Conference is March 10.last_img read more

Fireballed: How Bad Advice Cost Apple Investors Millions

first_imgTags:#Apple#Finance#investing 8 Best WordPress Hosting Solutions on the Market Top Reasons to Go With Managed WordPress Hosting Related Posts A Web Developer’s New Best Friend is the AI Wai…center_img brian s hall Why Tech Companies Need Simpler Terms of Servic… Philip Elmer-DeWitt of Fortune ran a chilling story last week about Andy Zaky, an “Internet-trained” hedge fund manager who led naive investors over a cliff by investing in Apple. (The Rise and Fall of Andy Zaky.) As Apple’s stock has dropped over the last few months, they all took heavy losses. Forms filed with the SEC reveal that Zaky’s Bullish Cross hedge fund’s entire $10.6 million asset base is now gone. Worse, Zaky had 700 subscribers to his Bullish Cross newsletter, and they seem to have lost even more, as Elmer-DeWitt reports in a follow-up article (Losses of Apple guru’s clients could reach into the billions.)According to Elmer-DeWitt:I’ve heard directly from 37 former Bullish Cross members who tell me that they lost anywhere from $15,000 to $50 million apiece.Total losses for these 37 investors: $94.5 millionAverage loss: $2.5 millionGiven that at its peak Bullish Cross had 700 members, it’s quite likely that Andy Zaky’s followers — many of whom had put their savings and retirement accounts into Apple call spreads — lost hundreds of millions of dollars. If the members I haven’t heard from were large investors, total losses could reach into the billions.Zaky’s bio on Seeking Alpha lays bare his Apple-centric investment focus (emphasis added):We only care about the best in breed and nothing less. On the Apple research side of the offering, Bullish Cross will be putting out a mix of public and exclusive Apple content.  Members will also get to participate in an open forum for questions regarding Apple’s short and long-term direction. There will also be a lot of discussion regarding positioning and hedging ahead of major events. The Apple research will give the average Apple investor a distinct advantage over the market as we head into the future. There is a tremendous amount of money to be made on Apple, it’s a matter of how to properly capitalize on it.What Goes Up…Apple’s stock was on a tear over the past couple years, and briefly topped $700 a share. During the run-up, Zaky had no shortage of admirers. But as Business Insider pointed out, the people who subscribed to Zaky’s newsletter “were not sophisticated investors who understood the risk of listening to Zaky.”Among the loudest of Zaky’s fans was John Gruber, whose Daring Fireball tech blog has become hugely influential among Apple fans. (That’s Gruber pictured above.) Daring Fireball receives more than 4 million monthly page views and has over 400,000 RSS subscribers.Business Insider calls Daring Fireball “a must-read blog for Apple shareholders, employees, and the many, many `fans’ of the company.” Readers visit Gruber’s site to learn the latest about Apple products, speculate on the latest Apple rumors and get Gruber’s thoughts on all things Apple. Gruber, 40, has a BS in computer science from Drexel University. He has spent his career in tech. He makes no claims about giving investment advice. He does, however, claim to have sources close to Apple and frequently addresses rumors about the latest Apple products.For years, Gruber praised Zaky (pictured at right), holding him up as a wizard who understood Apple better than big-name Wall Street analysts.A Zaky FanIn a July 21, 2008, post (Apple Shares Fall in After Hours Trading) Gruber linked to a MarketWatch report noting that Apple shares had fallen short of Wall Street expectations, then added:Now’s a good time to re-read the piece I linked to over the weekend from Andy Zaky on Wall Street’s misguided obsession with Apple’s conservative guidance numbers.On Oct. 28, 2008, Gruber again linked to Zaky and his Bullish Cross newsletter, and included this quote from Zaky (emphasis again added):Right away, one ought to notice the staggering growth rate in both revenue and earnings that Apple displayed in 2008. Apple’s real revenue grew 54.5% from $24.637 billion in FYE 2007 to $38.041 billion in FYE 2008 — a full $13.4 billion growth in revenues. Even more impressive is Apple’s 81.2% growth rate in adjusted net income. For a company that is trading at 12 times 2008 earnings, it doesn’t take a genius to conclude that Apple is severely undervalued. Especially since Apple currently trades at about 3.37 times its cash position — which is objectively and significantly lower than every other large cap tech company.GOOG trades at 7.18 times its cash position, RIMM at 15.51 times cash, AMZN at 9.15 times cash, MSFT at 9.13 times cash, CSCO at 3.62 times cash, IBM at 10.96 times cash, INTC at 6.54 times cash, and HPQ at 5.15 times cash. What is more, only GOOG, AAPL and MSFT have no debt of the companies mentioned above. Apple has the largest net cash position than any of those companies and Apple has more net cash than RIMM, GOOG, AMZN and IBM combined.On Jan. 20, 2009, Gruber wrote the post Andy M. Zaky on Apple and Subscription-Based Accounting, in which he stated: “Zaky argues that Apple’s use of subscription-based accounting for iPhone revenue has significantly hurt its share price — casual investors who are only looking at Apple’s GAAP results don’t realize how much revenue they’ve deferred.”On April 19, 2011, Gruber posted Andy Zaky: ‘Why Apple Shares Are Dirt Cheap‘ and wrote, “Sharp piece by Andy Zaky on Apple’s finances and stock price. He expects a big move.”In a Nov. 30, 2011 piece titled Apple: The most undervalued large-cap stock in America, Gruber wrote that “Zaky makes a compelling, data-backed case that Apple’s stock price is severely undervalued.”On that same day, in a different post, Gruber wrote that, “A few readers have asked whether I personally own Apple stock. Good question. I do not. I don’t own stock in any companies that I cover regularly here on DF. I do own shares of an S&P 500 mutual fund.”A few weeks later, Gruber posted How to Properly Use Apple’s Guidance to Accurately Forecast Earnings, and linked to an article where Zaky “explains in painstaking detail how to do what almost no professional Wall Street analysts actually do: accurately predict Apple’s finances.” Gruber said Zaky’s piece was a “tremendously detailed article,” and that “Zaky continues to impress.” This was followed up three days later, on Dec. 16, 2011, with  Zaky on Apple’s Next Quarter: The Biggest Earnings Blowout in History, which contained nothing more than a short Zaky quote: “The largest company in America is about to grow its earnings by a whopping 84% this quarter, and Wall Street is asleep at the wheel.”On May 17, 2012, when Apple shares were trading at $530.12, Gruber wrote Bullish Cross initiates rare buy rating on Apple. He linked directly to the Bullish Cross newsletter, and also quoted Zaky:Now here are the reasons why we believe it’s time to buy Apple and why we feel the valuation is incredibly attractive today. At $533.52 a share, Apple trades at 13x last year’s earnings and at only 10.56x our expect October earnings. Those are incredibly low valuations even for Apple. At the November 25, 2011 lows, Apple traded at a 13.13 P/E ratio. So today, Apple is trading at a lower valuation than it was at the November lows. At the June 2011 lows, Apple was trading near a 15 P/E trailing P/E ratio.Gruber closed with: “This is only the fifth time Zaky has issued a buy on Apple. He’s four-for-four.”Zaky was right. By Sept. 17, Apple’s stock had climbed to $699.78. The Tide TurnsBut then Apple shares started to slide. By Oct. 17 the stock had fallen to $644.61. Instead of urging caution, Zaky issued a call to arms, declaring that Apple had hit bottom, and that “History has taught us that the best time to buy Apple is when the bearish sentiment in the stock has reached the pinnacle of extreme pessimism.”Gruber linked to that Zaky post and quoted that line about this being the time to buy. Gruber titled his post: Bullish Cross: ‘Apple $1000: Why It’s Time to Buy,’ and wrote:I don’t offer investment advice, but Andy Zaky does — and those who listen to him have done pretty well. But this time Zaky was wrong. Instead of rebounding, Apple stock went into a free fall. Shares are now at $432.Gruber’s RoleDid some of those Zaky fans find him through Gruber? Probably. Gruber himself proudly showcases those sites that have been “fireballed” — that is, sites that have been overwhelmed with traffic after Gruber links to them. No doubt each time Gruber linked to Bullish Cross, thousands clicked.This has happened a lot. In addition to the posts mentioned above, there are numerous others where Gruber directly mentions Andy Zaky and Bullish Cross in a generally positive light, including these:2010: The Year Apple Enters a New Golden Age (July 9, 2010)Zaky: Apple to Surpass Microsoft in Revenue This Quarter (July 22, 2010)Andy Zaky: Why Apple Shares are Dirt Cheap (April 19, 2011)Zaky: Apple’s Cash to Exceed $300 Billion by 2015 (May 31, 2011)A Brief Look at Apple’s Stock Seasonality (July 5, 2011)If Gruber touted Zaky, should he share some of the blame for the losses when Zaky led investors astray? That’s hard to say. But it seems that Gruber’s knowledge of Apple products didn’t give him special insight into Apple’s stock price.The real lesson? Be careful where you get your advice.Note: Gruber requested questions by email, but had not responded more than 72 hours later. Zaky did not respond to our requests for an interview.Top image of John Gruber from the Daring Fireball website. Image of Andy Zaky from his Seeking Alpha profile.last_img