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  1. J56D is offline
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    02-16-2009, 11:24 PM #11
    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.

  2. doobz26 is offline
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    02-16-2009, 11:41 PM #12
    And his new position was accurate.

  3. SiriusBuzz is offline
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    02-16-2009, 11:46 PM #13
    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
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  4. sxminvestor is offline
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    02-17-2009, 12:45 AM #14
    Quote Originally Posted by SiriusBuzz View Post
    Do you really think he should hide? He did get the drop in share price right and any of us would have been wise to listen and sell when he said sell.

    That being said, I have no idea if he knew what he was talking about at the time or if he was lucky... I honestly believe that he thought the company was a good idea when he had Mel on and praised SIRI and then did some homework and saw something he didn't like... whether it was the looming debt or the manipulation of the stock, I am not sure but, it sounds to me like he was pretty damn right over the last year.
    Because he did an interview oon friday that conspicuously disappeared from the web, where he insisted that shareholders would be wiped out. It looks like he was wrong.

  5. Siriusowner is offline
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    02-17-2009, 12:53 AM #15
    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)...

  6. Siriusowner is offline
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    02-17-2009, 12:57 AM #16
    Quote Originally Posted by J56D View Post
    I would have no problem with cramer if he had been more honest.
    He could have said that he was wrong about the stock and I would have accepted that with no problem. Everyone has been wrong on stocks at one time. Instead he acted like he never touted it and proceeded to bash it as a lottery ticket.
    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).

  7. sxminvestor is offline
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    02-17-2009, 12:59 AM #17
    Quote Originally Posted by Siriusowner View Post
    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)...
    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.

  8. SiriusBuzz is offline
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    02-17-2009, 01:26 AM #18
    Quote Originally Posted by sxminvestor View Post
    Because he did an interview oon friday that conspicuously disappeared from the web, where he insisted that shareholders would be wiped out. It looks like he was wrong.
    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?
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  9. sxminvestor is offline
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    02-17-2009, 02:46 AM #19
    Quote Originally Posted by SiriusBuzz View Post
    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?
    The link just stopped working not far after it appeared. Not sure if anyone has a copy of it, maybe on you-tube. I'm going to check.

  10. trippingthespeculatingpos is offline
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    02-17-2009, 02:48 AM #20
    Quote Originally Posted by sxminvestor View Post
    The link just stopped working not far after it appeared. Not sure if anyone has a copy of it, maybe on you-tube. I'm going to check.
    same ehere it was showing on there but wouldnt play, i dont think it was up more than 15 minutes before it stopped playing, cause i got to it quick and it wasnt working.

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