Must Settle - Cramer's Stop Trading! (10/20/08) [View article]
After the drubbing that Cramer has taken, some of it deserved, he's got guts to continue on and try to prove that's he's more than just a "pretty face." If he survives, he'll come back stronger and better than version 1.0 Cramer was. I look for him to eliminate some of the "bells and whistles," but I don't want him to get carried away and turn sour. We all make mistakes, but some people learn from their mistakes, hang in there against great persecution and come back a winner! At this point, I feel that Cramer has been beaten up enough, to take a small position (LONG), in him. He was way overbought, but I see him as fairly valued at this point. I don't believe that he's going to fold, his bubble has been deflated and downside risk is minimal. If he can put a frame around this recovery, explain what's going on and not make too many outlandish predictions, I predict that Cramer will bounce back, in tandem with the market. If the market should completely collapse, then we won't need Cramer, anyway. Low risk, good value and the potential for a recovery. I don't believe that he'll be bought out, but that's something which he wouldn't mention, even if he were in talks with another network. Now is the time to buy Cramer, if you believe in him! If you wait for him to start climbing again, youll proabably miss a good part of the upside on this man. Good Luck, Cramer... Don't disappoint us, again.
Must Settle - Cramer's Stop Trading! (10/20/08) [View article]