Did you see the look on his face? he does know what a Pico projector is. This fits right into his moble internet sunomy. He does not know every stock in the world. I respect his opinon and take it with a grain of salt. i stumped him inperson at a book signing once. He had never heard of BR.
Are we still talking about his comments from a few months ago or did he say something more recently. Don't watch his show. Does anyone have a link. All the Cramer post have made me curious.
Cramer is strictly a tool, and his past is interwoven with most every financial bad guy you've heard about on the news for the past thirty years. If he says anything about MVIS he'll likely trash it in order to help out his trapped short hedge fu** buddies.
I'm sure he does know what a Pico Projector is but he hit the nail right on the head. he said, "I see nothing that makes me want to jump on board, Yet".
I have my established Microvision position. It's a large one that I established over the years and I am still in profit on the deal. But if I hadn't established my position yet I would be waiting on the side lines. There is absolutely nothing to indicate that the stock is going to start to perform any time soon.
I think the day will come but right now there is no catalyst for a move. Everything is "in the future". Right now we have no orders, no supply of critical components and no excitement surrounding either the stock or the technology. I think it will be a different story in a years time. As an existing shareholder I'll continue to trade some on the peaks and troughs, there is money to be made there. But I wouldn't establish a long held position now as this is dead money at the moment.
There is plenty of time to get on board. If this does go to $15 or $20 a share in pretty short order once it starts to move I wouldn't be the least bit bothered that I got in at $4 and not at $2.50 The buck and a half additional profit is pretty small potatoes compared to the $12.50- $17.50 profit realized on such a run. and the additional buck and a half is pretty small reward for having to hold dead money for two or three years.
Now there's a guy (Cramer) that I really want to base my buying decisions..lol
Jim Cramer Fraud? SEC Investigates TheStreet.com
TheStreet.com, the financial Web site founded by loudmouth stock picker and TV personality Jim Cramer, is being investigated by the Securities and Exchange Commission.
Read more: http://www.nypost.com/p/news/business/sec_probes_thestreet_com_finances_UsDqDukpBGlDwiEAZElYiJ#ixzz0p9KgC9dT