I heard TSCM's technical analyst bailed after breaking his own rules, taking losses and he suggested he'd be filing for bankruptcy. Someone emailed his column to me.
The problem, to me, is this: I like Cramer's writing. He's a good read. But he's never added a dime to my coffers. Same with Harmon and many others. Occasionally, Thom Callandra and TJoe at least make me money. As an investor, where self-interest is paramount, the value of TSCM is nil.
Measured as a publication, one good writer does not make a zine. I think SALN is a well rounded, informative, interesting zine with many good reads. Its cash generation needs fixing, but it deserves to survive.... and it may not. Measured against SALN, TSCM doesn't come close.
Thus, with minimal aid to investors and lacking the talent to survive as a publication, TSCM fails to measure up. As a cofounder, Cramer might find better answers by providing services as well as ClearPoint and others, instead of grousing about the devaluation.
That requires dedication, not puffery. And Cramer's smart enough to know it. |
