Bwaaaahahahaha.....!!!! Try reading the news on this stock and see if it happens to coincide with the timing of the upward buying pressure. Besides, the push came on the 14th. Pretty advanced concepts here...
Are you talking to me? If so, what the hell is your problem? Cramer said to ring the register on ROYL last night. People were already on the offer at 11.7 in the aftermarket before Cramer said this. Seems a little fishy since ROYL was known to be a guest on the show earlier in the day. Maybe they were people who are good at anticipating which stocks Cramer will tout and which ones he will rout. Otherwise, someone knew in advance.
Sorry, you don't know what your talking about. Since the dawn of the first securities market, a typical and oft repeated scenario that had nothing to do with the far fetched possibility of Cramer putting out an advanced copy of his opinion. It's called "Sell on news."
So if Cramer said "buy" last night instead of "sell", you are telling me ROYL would have sold off too?
Agreed, someone new and took serious advantage of the event and sold into this starting in the aftermarket. Pity I wasn't one of them. I was one of the others. Cramer is in the FERTILIZER business. He's so full of (......, ......., well himself)
That has nothing to do with your conspiracy theory that JC advanced his comments. Fact even admitted by JC: Cramer has a live effect on stock prices. Look at the chart for ROYL. However, a secondary slide already started around 5:30PM (and got steeper after Cramer opined in the negative.) I took a 300 share position around 3:45 PM hoping Cramer would like the company. But, he asked the CFO a direct question about the estimated reserves on the two new wells and the guy evaded, he also repeated an obviously pre-thought out company mantra instead of getting into specifics. Cramer rightfully suggested viewers look at CHK instead. I pulled the trigger early in the regular market this AM and got out with a loss.
======= Vhehn; Dont want to comment on the CAB technicals because I havent studied them much; but did business with CAB mail order for many , many years, satisfaction or money back, good prices, persistant ads in sporting goods mag. Jim Cramer does have some excellant taste in investments for sure;''There simply isnt any other book that can be called a handbook for Cramer Berkowitz & Co.'' Quote from back cover -William J O 'Neil book.
Around 16:44, MLNM bids jumped up to 8.60 (it closed at 8.27). Cramer touted MLNM on his show at 18:08, and it shot up some more, to as high as 9.49. Someone on the MLNM Yahoo board posted the reason: he/she said people who call in to the show at 4PM get to listen to it while it's being taped. This might also explain the pop in HAL at 16:21 - Cramer mentioned the HAL and SLB at the top of his show. This seems about as unethical as those people who front-run a Barron's or WSJ article, and I hope they plug this hole.
No wonder his listeners have long thought that Jim Cramer's Real Money shouting stock-touting sounded a little homicidal... "... Jim Cramer graduated magna cum laude from Harvard College, in 1977, where he was President, or editor in chief, of The Harvard Crimson. He then worked at the Tallahassee Democrat and the Los Angeles Herald Examiner, covering everything from sports to homicide, before moving to New York to help start American Lawyer magazine. After a three year stint, Cramer entered Harvard Law School and received his J.D. in 1984. He then passed the New York Bar Exam, but instead of practicing law, went directly to Goldman Sachs, where he worked in sales and trading. In 1987 he left Goldman to start his own hedge fund, where over a fourteen year period he delivered a compound return of 24% after all fees, substantially in excess of the market during that same period..."
Wow, that's another trick for Cramer's playbook. loufah, Do you know what is the timeline of activities for Cramer's show ? Is this correct ? They start making the show starting at 4pm ET and then show it at 6pm ET.