Is this possible?

[Cannon Shell]

http://www.betonline.com/sports-bett...e-betting-2404

This is from this article on Joe Woodard

"On the other end of the spectrum if he runs back a beaten favorite, you have to stay away from those runners with a vengeance. He is 0 for 737 the past 5 years with beaten chalk."

Is it possible this is accurate? It seems impossible for a beaten favorite to not have rebounded to win over 700 times in a row. If he is winning at 40% with favs that means the other 60% that lose havent won next out in over 5 years? Doug???