tchannon

Broadwind Energy: Cramer, Someone Had to Say Something

Yes, agreed, also that Cramer will say wait 5 days, but mentions nothing of the sort in his BWEN bits.

Broadwind Energy: Cramer, Someone Had to Say Something

Hey bfoley - read the 1Q from BWEN just filed last week. They do not have anywhere near $1B in sales - not even close. $36M sales for 1Q with 80% of those sales showing up only because they acquired EMS and Brad Foote. They mighy get to $1B in sales someday, but it is not today.

Broadwind Energy: Cramer, Someone Had to Say Something

As author, I will respond. I do not use the writing outlets to try to manipulate the stock and I fully disclose my positions.

I thought I was clear that BWEN is in a great position to make some money and fair exceptionally well in the coming years. I know Cramer says to do homework, but most do not listen to that, just his picks. When Cramer says that but then just rattles off a company (which is part of his entertainment value that makes him successful), it was like Charles Barkley saying "I am not a role model." By the virtue of where Cramer is at, he has reached that deity status to some extent.

I took most of my position off of the table b/c I had a 12-bagger in 2 years; that does not happen often, and yes, Cramer's mention helped it get there. I just had a concern with how Cramer continues to whimsically mention this stock and how some points could have been better clarified about exactly where this company is at today, especially when compared to its competitors. I like what they are doing; I like where they are at. I just saw some glaring omissions from the cheerleading act of Cramer.

There are many options/outlets for manufacturing wind towers, such as TRN (which is 12x bigger than BWEN today in terms of real manufacturing output and revenue) - not just BWEN - so the landscape will be competitive.

Market Maven, Cramer is wrong just as often as he is right; everyone has examples.

Emily, give yourself Kudos for making money - not Cramer. He gave you an idea; you obviously did your homework on the ones you chose and your intelligence is what closed out the win, not the idea.