SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : James Cramer Skeptic Thread
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Lazlo Pierce who wrote (234)6/20/1998 2:09:00 PM
From: broken_cookie  Read Replies (1) of 1254
 
Dave,

That being said, I did think your last appearance on CNBC after the Dell report,
where you blamed the shorts for taking Dell down afterhours, was cheerleading on
your part. The report, while wonderful, wasn't enough to offset the run from
110(pre-split) to 190 in the 3 months following the last report, and I think in your
heart you knew that as well.....

The point Cramer was making on Squawk after the Dell release was that instinet trading is illiquid and should be viewed with a grain of salt after major news. He pointed out that the low asks had very small share sizes and could be shorts trying to knock down the stock. He made exactly the same point after CSCO's last release when it traded down on Instinet and he was dead on with that one as CSCO traded up a couple few points that day.

He put his money where his mouth was and took on DELL at ninty-something that morning and later admitted that was wrong on TSC. Rather than cheerleading I believe that was his honest opinion at the time. It was wrong. So what. Everyone is. The game is to be right more often or more profitably. And the point about instinet trading is still valid.

In fact your assessment of the DELL report is correct. Did you make that call right after DELL announced? If so, congratulations.

As for others who say that TSC is a vehicle for Cramer to hype his hedge fund picks. Well, you're entitled to your opinion. But I wonder if you read the thing. Cramer is painstaking in declaring his position about any stock he so much as mentions a one-liner about.

I'm a TSC subscriber because the thing makes me money. I will renew next year. JMHO
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News