jimBOZO "the clown" cramer also said buy Wachovia, Bear Sterns, Natural Gas, Sears at $170 is "a mini Berkshire", Goldman Sachs would be $300 by the end of '08 and many many many many many many many many many more absolute jokes. When he says BUY....the best thing to do is SELL.
Cramer has'nt called a good one for months except the ones such as GS. even his WFC fell apart and ripped the guts out his fans, I for one. He also said this is a spec stock and I doubt very seriously that FNFG will do anything for some time. Still, with that said I will watch it and buy some on dip, WTF.
WHY?? READ VALUE LINE REPORT ON FNFG DATED 04/17/09!!! TO QUOTE "we have lowered our three to five year eanings assumptions by about 10%. Thus despite the stock recent drop it continues to hold below average recovery potential over that time frame"!!! No buy rating on this bank!!!!