Forget BOOYA ..more like screw..ya didn't give the kid the time of day... What kind of response was that...with what is on the line....insane for the the network to have Jim put out that sort of advice... Weather he's right or wrong
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You have to look at Cramer as a clown, and his show as pure entertainment. Don't listen to him for stock advice. You can do better by using a dart and throwing it at the Wall Street Journal.
Sentiment: Strong Buy
I do...the entertainment part/ and "Jim thanks for taking my call " But he knows what going on here and for him not to address that guy with some clarity is deceitful . I know it's tv and it a time thing. But just say more research is needed
Cramer is a fundamental investor. Until he has some numbers to crunch MNKD will not be on his radar. And until then he will refer to his The Street biotech guy AF for recommendations. We all know AF"s jealousy towards the charismatic Mr. Mann.
You can still learn from Cramer. I liked him from the beginning because of his "buy and homework" slogan. That is the truest advice you'll get from any of the Wall Street crowd.
Sentiment: Strong Buy
I didn't see it live, but per the article quote "MannKind (MNKD): It's a spec stock, said Cramer and it's had a great run. All I can say is congratulations to those who own it." What is wrong with that? It is a spec stock by Cramer's definition. His staff that research stocks are not going to do as deep as in-depth due diligence research as individual investors can and should on this type of company. So Cramer can only provide a high level opinion. I see nothing negative in Cramer's opinion. IMO Cramer personally has become too conservative in his investment approach that he emphasizes now. That contradicts a more aggressive, higher risk investment approach he took when he was younger as can be seen in his books.
Bottom line, don't worry about what Cramer thinks. Do your own due diligence, make up your own mind, and invest accordingly. Individuals that get rich investing do not do it by following the main stream. They do it by identifying undervalued opportunities that the majority of the market has not yet identified or/and have incorrectly priced.
Cramer? He's like one of the "Clowns From Outer Space." Fact is, people actually take him seriously. He's had Dr. Phil Frost on his show 2 or 3 times fairly recently (OPK). He calls OPK a "spec stock.," too. Come to think of it, that might be his code word for "buy."
Which is not to say that Cramer mentioning a "spec stock" is good news in the short term. In fact, it is probable that a bunch of jackazzes will soon infest this MB with garbage rendering it useless (as they have done with OPK).
Here's the deal with Cramer: You can't trust him; leopards don't change their spots. But he has to comment on a winner every now and then, or he'd lose credibility even among the credulous.
Additionally, any mention is better than no mention. MNKD is still very underfollowed. MNKD needs to be exposed to as many viewers as possible as they will become the new long & strong holders needed to move this up.