Showing posts with label Jim Cramer. Show all posts
Showing posts with label Jim Cramer. Show all posts

Saturday, March 24, 2007

Say It Ain't So - Jimmy Crack Corn Pone -

Say it ain't so.... and tight on the little dirty face with tears running down the rosy apple-red cheek and fade to black and cut!

Oh please - please - puhhhaleeeez - don't let this happen - no more Cramer to bash around - what will happen to all the poor retail investors out there who follow him like dogs follow their owner when he's carrying a pork chop bone?

I don't know if you've been following all the Bull Snot regarding Jimmy and hedge funds manipulating stock prices for fun and profit - but I haven't. I haven't because if you didn't understand that was going on you are a naive waif and you deserve to have your cookies taken away.

It isn't personal - it's just bidness brudder and it just don't matter.

Somebody, for the past three days, was selling KNOT down - no news, no reason - just relentless selling.



Everytime it caught a bid it was sold down again -



Does that look like panic selling by the retail trade? This is a deliberate effort to sell this stock - as in I don't want your last bid - I will offer it lower, please. Most of the time this sort of selling comes with a story - there wasn't one in this instance or at least one that the clueless ones were fed. Or maybe all of the hot shot financial writers - you know - the guys who write stuff like - buy and hold is the only true way to wealth - maybe they were feeling put upon and refused to write the story.

Can I prove that? Oh hell no. The point is this sort of thing exists - it goes on all the time - everyone in the business knows that it happens - and just about no one - except the clueless financial media - cares.

Because - and this is key and crucial to the whole argument - if they cared they would have made a stink about it in December when Jimmy Crack Corn Pone first sat down and "confessed".

I kid you KNOT.

Wednesday, February 14, 2007

Cramer Speaks

From Seeking Alpha -

Re: SCI - 'I think that this company - which was in the early 2000s just a mess - has gotten its act back together. It's become, once again, a great growth company.'

I ridicule. Here is a picture of SCI -



Tell me - which part of a 51 cent range makes a 10 dollar stock a "must buy"?

Probably the massive dividends.

Thursday, December 21, 2006

What!!??

Just read Seeking Alpha's recap of Cramer's mad money show last night - Cramer says that Circuit City is done for and that Best Buy is eating their lunch on the same product.

What he doesn't say is that the same products at Circuit City cost less than at Best Buy because these two stores are in direct competition with one another in the consumer entertainment market.

I know that the same product (exact make and model) costs less because I have comparison shopped using the net. I'm in the market for a large, flat screen television. I'm holding out because I believe that prices are going to come down hard during pre-Super Bowl - post Christmas bust out sales. In the meantime I've been comparison shopping across every venue known to man looking for the absolute rock bottom deal.

I use bizrate.com for such comparisons because I have found that they have a good search engine and manage to cover the marketplace like a carpet. Then they have a great comparison window too and when you make a selection they give you all the stores, both on-line and sticks and bricks within a 20 mile radius, whether the product is in stock, shipping costs and so on.

Anyway this is the problem with Cramer - he makes pronouncements out of his butt and people take it as gospel. Do your own DD but I wouldn't write CC off anytime soon.

I neither own nor plan to own CC shares either now or anytime in the near future.