Wed, May 22, 2013, 4:43 PM EDT - U.S. Markets closed
http://seekingalpha.com/article/642821-cramer-s-lightning-round-king-coal-has-been-dethroned-6-6-12?source=yahooSeagate (STX): "We are in excess supply of disk drives. Bad numbers are coming. For now, you are protected by the 4% yield, but if the yield goes to 3.5%, sell, sell, sell."He's soooooo smart....
Crammer is nothing but a paid mothpiece of BS. Rember him pumping SHLD or how about UNH before the CEO got busted for BS options!!!!!! Crammer is a scamm artist!!!
Dont forget the latest, Men's Warehouse.... Follow his advice at your own risk
He means if the stock price gets to about $28 then sell Sherlock.
I agree with escape girl. His logic makes no sense to me. As long as the yield stays reasonably attractive, I,ll keep my focus on earnings and growth. Both are forecast to be great by many professional advisors.
My yield will never change as long as the dividend stays the same, no matter what the stock price does.