He didn't revise it he put it out as a new position and never mentioned his previous position.
cramer belongs on his own wall of shame.
He didn't revise it he put it out as a new position and never mentioned his previous position.
cramer belongs on his own wall of shame.
And his new position was accurate.
I agree J56D but, I did hear him mention his old position on his TV show... he brushed over it rather quickly but what do you expect. We are watching what he says and focusing in on one company while he tries to cover 100 different stocks on his show.
That being said, I think he should be publicly teabagged for that switch job he pulled![]()
Charles LaRocca
SiriusBuzz Founder
I think it is quite difficult to express an opinion publicly about this issue. He basically had a 50% chance of being right. Having said that, saying that this company will BK has (or had) more chances of being right than wrong (that is of course without having insider information)...
If he has to apologize for every stock that he has been wrong... OMFG ! There would be no TV show anymore and no street.com...As a matter of fact if every analyst has to apologize for each time they are wrong then there would be not analysts on WS (their egos are too big to apologize).
He should have just kept his mouth shut. There were alot of people who may have let their shares ride, but heard him and got scared out friday. Now the shares may rise too fast for them to get back in. I personally kept 90% of my shares, but almost sold out thinking 0 was surely going to happen, even though deep down I felt Mel could pull this off.
We better be seeing the handshake tomorrow morning or the PR release prior to markets opening.
I had no idea... in that case... I am pissed at all of you for not getting a hold of the video before it was taken down!You should all be ashamed. I wonder if he spoke about something in the vid which would have been considered insider? Did anyone see it? Can anyone find a transcript of what was said?
Charles LaRocca
SiriusBuzz Founder