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8x8 Inc. Message Board

  • patroutman patroutman Oct 1, 2013 11:36 AM Flag


    8×8 Inc. (NASDAQ:EGHT): Jim Cramer ranked this stock a Sell. Cramer previously ranked this stock a Sell on March 1, 2013. The stock’s 52-week high is $11.00, and its 52-week low is $5.62. Cramer was bearish about 8×8, the provider of voice over IP services. Cramer noted that the stock had already made significant gains, both over the last six months and the last two weeks, and said that there were better plays available for investors in the sector at this time.

    Can someone explain who the better plays are?

    I think someone needs to educate this guy.

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    • Cramer had a SELL on EGHT back in March. He would have missed all the gains AND now says exit.
      This is why I don't listen to Cramer.
      1. He is a trader.
      2. He is a TV personality. He has to say something every single night.
      People won't watch dead air time.
      3. I have seen Cramer reverse himself a couple of time in quick succession on a stock that's why I stopped watching him.
      4. Also Cramer's and Kudlow's viewership is declining. People have gotten wise to their act and have gotten bored with it.

      Sentiment: Buy

7.52+0.16(+2.17%)Jul 22 4:00 PMEDT

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