Sell, Sell, Sell? SEC Investigates Jim Cramer’s TheStreet.com

Original Article from Seeking Alpha Short Ideas

Wall Street Cheat Sheet submits:

Last October, I got into an argument with Jim Cramer because he asked me to remove my article about how Cramer’s company TheStreet.com (TSCM) was a “Sell” based on the framework in Cramer’s own books (See the emails in “Sorry Cramer … We Will Not Bow Down“). If TSCM was an exception to Cramer’s iron-clad rules because late 10Qs and bailing executives somehow didn’t raise concerns like in every other case, it seems someone more important than both of us is concerned with the inner workings of TheStreet.. the SEC.

Zero Hedge has broken the not-so-surprising news that Wednesday TheStreet

filed a Form 12b-25 with the SEC which presses the ultimate “Sell, Sell, Sell” button on Cramer’s circus play station:

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