Hailed by one investor for his "spot-on predictions on share gains at cable companies," Moffett urged clients to buy Time Warner Cable way back in July 2008, well ahead of its spinoff from parent Time Warner Inc., Institutional Investor wrote on its website in October. "He reiterated his stance in April 2009, at $27.06, citing Time Warner Cable's improving cash flow, broadband technological advantage and debtreduction strategy. In May 2010, after the stock had flown to $48.90 — a stunning 80.7% gain that outpaced the sector by 42.1% points — he finally pulled the plug, on fears of price regulation by the Federal Communications Commission ."