My son in law invested part of his wife's retirement funds in TST at its beginning. As the current ads brag it was "founded by Jim Cramer". I guess he is counting on you either being stupid or having memory loss. The early pps was over $50.00.. Jim did very well----------for Jim.
TheStreet Reports Third Quarter 2013 Results
TheStreet, Inc. November 7, 2013 4:01 PM
NEW YORK, Nov. 7, 2013 /PRNewswire/ -- TheStreet, Inc. (TST), a leading digital financial media company, today reported financial results for the third quarter of 2013. The Company reported revenue of $13.6 million, a net loss of $1.2 million and Adjusted EBITDA(1) of $261 thousand for the quarter.
The Company generated $481 thousand in operating cash flow for the nine months ended September 30, 2013, compared to a use of $5.8 million in operating cash flow for the prior year period.
Revenue for the third quarter increased 17% compared to the same period last year and 1% sequentially. Subscription Services revenue was $11.2 million for the third quarter, an increase of 25% compared to the prior year period and 4% sequentially. The increase in revenue was the result of our acquisitions of The Deal and DealFlow Media properties, completed in September 2012 and April 2013, respectively. Media revenue was $2.4 million for the third quarter, a decrease of 9% compared to the prior year period and 11% sequentially.
"TheStreet's third quarter revenue growth of 17% is our second consecutive quarter with year-over-year revenue growth and reflects the continued execution of our strategy," said Elisabeth DeMarse, Chairman, President and Chief Executive Officer. "It's a very exciting time for TheStreet. We're growing our topline, generating cash, expanding our robust M&A pipeline and investing in great products with market appeal that can dominate", concluded DeMarse.
Operating expenses in the third quarter of 2013 were $14.8 million, a decrease of 7% as compared to the prior year period. Excluding restructuring charges, operating expenses increased by $1.9 million as the result of our acquisitions.
Cramer on TSLA.When it was $190 he loved it.Musk was a genius.When it started tanking now that it's down to about $140. he doesn't like it anymore and calls it a "cult stock".What a joke and clown he is.
Sentiment: Strong Sell
sell sell sell!!!!!!!!!!!!!!!!
Insider Transactions Reported - Last Two Years
Date Insider Shares Type Transaction Value*
May 14, 2013 CRAMER JAMES JDirector 17,500 Direct Sale at $1.86 per share. 32,550
May 13, 2013 CRAMER JAMES JDirector 57,500 Direct Sale at $1.85 per share. 106,375
Mar 11, 2013 CRAMER JAMES JDirector 50,000 Direct Sale at $1.83 per share. 91,500
Feb 1, 2013 EICHMANN ERWINOfficer 25,000 Direct Purchase at $1.70 per share.
Some guy calls up and starts to complain about Cramer knocking DAL at $9 pps which currently is at $24 and LAME JIM CRAMER..your father didn't teach you to be a MAN did he JIMMY?
Take it like a man on the air and admit you were wrong and move on, not you and your producers.
A team of garbage huh? hahahhaha!!
JIm your a pansie and how do you say it, needs to be taken out of the woodshed!!
Thanks for the laugh!! We have it on DVR and will make sure to play it Crusty!! That is why we call you crusty cuz your old man didn't teach you to be anything but a clown.
CNBC,cramer,YAHOO and the missing link the FIX is in!
Insider Roster Get Insider Roster for:
Individual/Entity Most Recent Trans. Shares Owned as of Trans. Date
Director Acquisition (Non Open Market)
Jan 3, 2012 88,863
Jan 3, 2012
BARTON GREGORY E
Officer Disposition (Non Open Market)
Jul 13, 2012 147,247
Jul 13, 2012
CRAMER JAMES J
May 14, 2013 1,652,879
May 14, 2013
DEMARSE ELISABETH H
Sep 14, 2012 100,000
Sep 14, 2012
Feb 1, 2013 25,000
Feb 1, 2013