Sell, Sell, Sell? SEC Investigates Jim Cramer’s TheStreet.com
March 20, 2010 by Seeking Alpha
Filed under Investment Ideas
Original Article from Seeking Alpha Jim Cramer
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:
Read more articles from Seeking Alpha Jim Cramer
Sell, Sell, Sell? SEC Investigates Jim Cramer’s TheStreet.com
March 18, 2010 by Seeking Alpha
Filed under Investment Ideas
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:
Read more articles from Seeking Alpha Short Ideas
Predicting Qualcomm’s Past Is Easy, Jim Cramer
February 4, 2010 by Seeking Alpha
Filed under Investment Ideas
Original Article from Seeking Alpha Jim Cramer
Joel West submits:
CNBC yelling head Jim Cramer trashed Qualcomm’s (QCOM) stock on Tuesday night, after last week’s disappointing earnings guidance for the current quarter. (This is by someone who earlier this month owned the shares.)
Qualcomm attributed the problem to delayed 3G demand in developing countries while smartphone prices are falling in the developed countries. Both hurt the company’s royalties. One analyst suggests that the company also faces increased 3G chipset competition, particularly selling to Samsung.
Read more articles from Seeking Alpha Jim Cramer
Jim Cramer Is Right
January 12, 2010 by Seeking Alpha
Filed under Investment Ideas
Original Article from Seeking Alpha Jim Cramer
Trader Mark submits:
My editor at Seeking Alpha, also (by some miracle) is the editor for the Jim Cramer content for the website. Lucky her… what a combo to deal with. She emailed me about a Jim Cramer clip last night on Mad Money and my thoughts on it – you can see the clip below. Essentially it says fewer jobs = more profits = good for corporate America.
My retort? Jim Cramer is right! We’ve been saying the same thing for a long time.
Read more articles from Seeking Alpha Jim Cramer
Selling TheStreet.com on Jim Cramer’s Advice
December 22, 2009 by Seeking Alpha
Filed under Investment Ideas
Original Article from Seeking Alpha Short Ideas
Alex Filonov submits:
I closed my TheStreet.com (TSCM) yesterday. This was my worst investment ever. Oh well, our mistakes should teach us something.
First of all, my reasons for selling were straight from Jim Cramer’s book, "Real Money"
Read more articles from Seeking Alpha Short Ideas
Would TheStreet.com Be Worth More Without Jim Cramer?
May 16, 2009 by
Filed under News
Microcap Speculator submits:
TheStreet.com (Nasdaq: TSCM)’s 10-Q report warns that the loss of its co-founder and Chairman of the Board Jim Cramer “would have a material adverse effect on the Company.” For a long time, I assumed that was true. After all, Jim Cramer had become the public face of TheStreet.com and RealMoney.com. But does Cramer still add value?
Cramer did a masterful job positioning himself as the emblem of the last bull market. Sometimes serious, sometimes a buffoon, Jim Cramer was always in the spotlight. As my friend James Altucher points out, some of Cramer’s calls were brilliant. But many were absolutely horrid (Bear Stearns, anyone?). In the end, Jim Cramer became so in love with pounding his fists on the table for the cameras that he completely lost sight of the impact this carnival could have on the investing public.
Jim Cramer’s TheStreet.com: Things Were Bad Last Quarter, and They’re Getting Worse
February 20, 2009 by
Filed under Tips
Peter Kafka submits:
No surprise that Jim Cramer’s TheStreet.com (TSCM) had a crummy fourth quarter: Selling ads or subscriptions for a financial Website was a tough proposition in the last three months of 2008. But maybe things will get better later on this year, right?
Nope. Advertising was down 21% at TheStreet during its last quarter, and the company expects things to get worse. “Early indications suggest that the year-over-year decline in advertising revenue that we saw in the fourth quarter will increase in the first half of the year,” chief financial officer Eric Ashman predicted in the company’s earnings release.
Jim Cramer’s TheStreet.com: Things Were Bad Last Quarter, and They’re Getting Worse
February 20, 2009 by
Filed under News
Peter Kafka submits:
No surprise that Jim Cramer’s TheStreet.com (TSCM) had a crummy fourth quarter: Selling ads or subscriptions for a financial Website was a tough proposition in the last three months of 2008. But maybe things will get better later on this year, right?
Nope. Advertising was down 21% at TheStreet during its last quarter, and the company expects things to get worse. “Early indications suggest that the year-over-year decline in advertising revenue that we saw in the fourth quarter will increase in the first half of the year,” chief financial officer Eric Ashman predicted in the company’s earnings release.
Cramer’s Mad Money: Four Signs of an Upcoming Rally (1/23/09)
January 27, 2009 by
Filed under Tips
Stocks discussed on the in-depth session of Jim Cramer’s Mad Money TV show, Friday January 23.
Four Signs of an Upcoming Rally: Apple (AAPL), Google (GOOG), Microsoft (MSFT), Research in Motion (RIMM), Nokia (NOK), Sony (SNY), Exxon Mobil (XOM), Pfizer (PFE), Wyeth (WYE), Bristol-Myers Squibb (BMY), Novartis (NVS), AstraZeneca (AZN), Eli Lilly (LLY), Forest Labs (FRX), Goldman Sachs (GS), Morgan Stanley (MS)
Cramer’s Lightning Round – Off Target (1/23/09)
January 27, 2009 by
Filed under Tips
Stocks discussed on the lightning round session of Jim Cramer’s Mad Money TV Program, Friday January 23.
Bullish Calls:
Walt Disney (DIS): “Under 20 is a buy…put it away….Bob Iger is a terrific manager.”
Con Agra (CAG): “…you better go buy Con Agra. You get that accidental high yield.”
Research in Motion (RIMM): “Buy Research in Motion.”
Allscripts (MDRX): “I’d stay with MDRX which has less hospital exposure and is a more exciting situation (than The Advisory Board).”
Emergent Biosolutions (EBS): “I like it….it’s had a bit of a run…it’s a bit of a Obama play…I’d let it come down before buying.”