An $8 stock rating for 12 months from now would be about a joke. I am amazed that this stock is not presently at least that price. They have announced a number of growth news items and the latest on Wallstreet.com is that they are working on getting True Blue in Krogers and Walmart.
That might be the reason why Cramer is going to mention this stock. He knows that any announcement in regards to getting their products on either grocery store shelf is a very large accomplishment which will greatly increase True Blue's exposure to the market!!
With True Blue in Walmart in Canada it is only a matter time before its in the Walmart here. For those who have sold, if this happens, they will miss the largest opportunity that this stock will every offer, because the big boys will immediately jump on board and the price will rocket more than every before.
trust me, you don't want Cramer anywhere near your stock. The track record is, that there will be a short term spike, followed by massive enrtance of shorts. More often than not, after you've been 'Cramerized' the stock is worse off than before the mention.
If that happens I'd almost consider selling, once it rose a quick 40-70% on it.. like FIZ.
I think by the time Mad Money recs LBIX, the stock is at $25 and that might be a good point to reduce. I am not a Cramer fan at all. He is no better than a dartboard, in fact, I'd trust the dartboard alot more.