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Lions Gate Entertainment Corp. Message Board

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  • snowshovel70 snowshovel70 Mar 16, 2012 7:14 PM Flag

    cramer

    Well people do listen to him but it is the nervous mom and pop at home who sell at the slightest sign of weakness. the MM guys and hedge fund guys could give two spits what Cramer thinks hehe

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    • This is the guy who cautioned not to buy tech until Apple had gone from $320 to $420, and at that point, guess what, he became a big Apple fan. I kind of like to watch him sometimes because he's a great entertainer, but his MO is to take a stock that has had a fabulous run-up and pretend that he has been trotting it out as the next best thing for a long while. He is mostly a watcher of trends and at this point, since he did mention this stock, he is in position to capitalize big time if HG is a big hit. He'll be on the air saying he was recommending it weeks before the movie came out. Right now, since the stock has been in a steady slide, he has made himself a place to run to. IMO, this company has a lot going for it all of a sudden: HG, but also the Twilight movie, Anger Management series. But hey! Perhaps we're all just talking ourselves up for disappointment. That's what makes a market. I have watched the volume grow right along with the hype surrounding the movie. Either all the Smart Money is getting out, or it's getting in. I prefer to think the latter.

 
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