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  • marketaddict2003 marketaddict2003 Mar 25, 2007 1:00 PM Flag

    Cramer: UNP biggest landowner in the Nation

    I never believe a word Cramer says. AS matter of fact I do the opposite. The opposite is alsways profitable. He is a former hedge fund manager who confessed that he lied and spread vicious rumors to drive a stock down or up. He said all hedge fund managers do the same. Here he is doing it again hyping a rail road company because it own land in wilderness. What a stupid idea. I invest in UNP as a successful rail road company moving freight which hopefully will double with booming economy. I do not invest in UNP as land owner. Will be useless.

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    • I never believe a word Cramer says. AS matter of fact I do the opposite. The opposite is alsways profitable. He is a former hedge fund manager who confessed that he lied and spread vicious rumors to drive a stock down or up. He said all hedge fund managers do the same. Here he is doing it again hyping a rail road company because it own land in wilderness. What a stupid idea.
      ------------------------------------------------------------

      You don't need to tell us who the stupid one is. He has MILLIONS, that's $1,000,000,000,000,OOO, and you are on a Yahoo message board......ROFLMAO!

    • marketaddict2003

      I do not agree with everything Cramer says. I sometimes will go the opposite way of his picks. You are wrong in saying to go against his picks is always profitable. I know because I have lost money going against him. Cramers biggest asset is that he was a successful hedge fund manager for many years. He knows how hedge fund managers and big money institutions think and work. He is not hyping UP "because it own land in wilderness". For one thing UP's valuable land is mostly in the city limits of the nations big cities. He was pointing out that private equity funds who have access to great sums of money now, are looking for companies that have untapped hidden value. He said that UP which is the biggest landowner in the nation is one of those companies.

      • 1 Reply to richarda97
      • 3/25/07

        Richard, re the vast wealth of land holdings of Union Pacific...as you no doubt know from being a long term employee, as I was also, this land comes in mightly handy...I can't tell you how many times UP's quarterly goal would be in peril at various times and looking to be a little short for the quarter goal ..then , at the last minute, dear ole UP would sell some lucrative land holding somewhere..and , PRESTO, quarterly goal obtained or exceeded...! This happened many many times during my tenure on dear ole UP....(which lends credance to what is often said about dear ole UP.."UP MAKES MONEY IN SPITE OF ITSELF"...)

        Hopefully, now that Young is in command, and we are done with Tricky Dick & his meltdowns , Young can make the UP quarterly earnings the old fashioned way, earn them...rather than take a short cut and buy them...

 
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