CEO Clay Siegall did a terrific job last night, explaining very clearly the near-term and long-term prospects for Seattle Genetics. The entire six-minute segment was incredibly upbeat. Cramer is a complete idiot - this was one of the worst, most primitive interviews I've ever seen - but he likes SGEN, and that certainly helps us.
Yahoo (Our Motto: Every Update Makes Things Worse) won't let us post links anymore, but you can find the interview on Youtube if you Google this: CYqqwnkUuQ0
About an hour ago, in an exchange regarding the wisdom of buying IPO's, Cramer suggested buying companies that have a proven record and SGEN was on his short list of recommendations. I share Red's opinion of Cramer.
The more you know about a company that Cramer reports on, the more you realize he is just a showman with little knowledge of the company.
As for yahoo, I'm seeing posts from other boards on SGEN board. I'm seeing a post, for example, from two hours ago that I try to open and it doesn't show up. Opening mail locks and freezes my computer for one to three minutes, at times does nothing when I try to download an attachment and won't let me send mail to multiple recipients. I'm getting a little off topic but it is frustrating....
amplicon, completely agreed on all points. I don't/won't watch Cramer on a regular basis, because when I do, I can feel my brain cells dying, but I do try to catch his segments about SGEN and anything else I may have a large stake in. While introducing these interviews, he reads whatever is placed in front of him, usually inarticulately, and he comprehends not a shred of what he's reading. Frankly, some of his questions last night to Siegall were borderline offensive when it comes to patients and their health and fate.
As for Yahoo, just be glad you don't own any of its stock (I'm assuming this). It's one screwed-up company that can't get itself unscrewed. Regarding these boards, Yahoo keeps fiddling with them, making them worse each time. Most recently, for God knows what reason - probably just inadvertently, Yahoo took away the box in which you could jump to other stock message boards.