Mr. Crammer steps up and admits mistakes and even bad calls which are not the same thing. The future is never certain for human beings and so logically, just probabilities for us mortals. Sound rational mature government policy can improve odds or probability of positive outcome but not determine it.
Mr. Crammer in traditional American style will step up and faces it, address it or if called for admits a mistake.
Now I am not going to pay for the Tweets from on high from the king of a private Yale hill. But if McTweetie has not said something to evaluate while LINE is 40% higher than it's sense of smell, then logical people have heard all which is required.
Again I believe Mr. Ellis and the team have solved the pressure and production problems. That they have prioritized and rationalized capital investment towards high singles and not home runs like Hogshooter. That is the nature of this time and activity.
I do not know this before the call. But logically given a very successful record, it is the more logical probability.
Mr. Crammer is not trying to create a mystery cult of investments for himself. Coach, educated and entertain.
Ah but McTweeit Hedgie is all mystery cult. Double secret associates with mental powers and understanding beyond legions with analysts with long records of excellent records.
john.patrick, I have not read a Norrishappy post that seemed the least bit violent or nutty for that matter. Those that consider stock bashing short sellers nutty would call you nutty johns.patrick. Norris simply has a problem with a Short selling Hedge fund that spun lies and cost him money.
Sentiment: Strong Buy
Cramers, sell,sell, sell recommendation has to be viewed with some suspicion. As a fan of LINE he changed his mind quickly. Why? You think he isn't really well connected to hedge fund managers and the business in general after a career managing his own fund? My best guess is that the community, in general knew the plan of attack. Cramer bought into it . His sell, sell, sell was nothing more than a complete knowledge of the bear raid plan.
He has a rule not to be involved in accounting disputes. Sound rule for an educational TV show.
I can not fault Mr. Crammer for underestimating Tweetie Hedgie's political and media juice. What an Ivy degree has come to embodied more than the really important elements of the American Awakening and Enlightenment in the nature of true leadership. The purpose the colleges were Founded and serving Human Liberty can not be achieved by assuming superiority above service as we sadly see today.
Yes Mr. Crammer underestimated and his yoyo did the panic down to $22. I believe he will explain more fully once the team at LINE; which better be pulling double hard; as reasonable Americans are betting on, drive away the shorts.
But I really do not see how any one could fully explain it in a half hour format. I have no problem assigning proper description the OLB wants to label calling names. But first why the description is earned must be explained or it is just name calling.
Crammer never admits his mistake,,, he chooses not talk about it again on his show. Write down every single stock he recommends and you will notice that he takes credit for good performing stock and doesn't talk about bad performing stock.
He admits mistakes... when he is forced to because folks don't let up on a horrid call for months on end... then he acts like he is contrite and always willing to admit them because after all, we all make mistakes. LOL
Other than that though, you are right. 99.9% of his 'mistakes' he never admits and simply stops talking about the stock even when he spent months pumping.
When Jon Daly interviewed Crammer , and proved he was a liar, Crammer had no answer. He is the role model for a maddoff. type person, not anyone who has any morality to talk about.