cramer knew the stock---he was just building audience to and appear prudent. THE STREET follows tsrx and he is the street!I backed up the truck when he stalled. Bionerd is the guy that gave the heads up weeks ago. never see 6.50 again. IMHO
you may have a point there. A few years ago a fellow pond critter had waited in queue to make his "random call in" appearance. More pressing news broke causing the poor critter's appearance to be rebooked.to a later date at which time the critter lost interest and patience in his 1 minute claim to fame feature. Waiting a week to reply may well account for the bear raid we had experienced earlier in the week. The market downdraft helped cover in addition to an unconfirmed rumor on Ayer dumping shares the same day scaring off any skittish catfish in the pond and leaving their shares for grabs.
At least he was positive, when most of time on bio question he is negative. He said do not chase it and if it goes up to wait until it pulls back to $6.5, and plenty of time, but that is just his 'full disclosure' that he gives on smaller bios all the time, to prevent someone from hating him if he is wrong. He has it half right about the company being excellent potential, but once more realize the utmost potential, it may never fall back to $6.5 once it runs!
Yah...I watched it. Nice endorsement from a tout sent in by a viewer a week or so ago. Cramer said the company has a market value of around 100 mil with good chances of FDA approval is the safety profile holds and a potential 800 million dollar market for the antibiotic. Said not to pay over $6.50 though because you have "plenty of time" to buy it.