According to Cramer, Sell, Sell, Sell TheStreet.com

Wall St. Cheat Sheet October 26, 2009

Posted on October 26 2009. Tags: Earnings, Jim Cramer, Mad Money, The Street

According to transitive logic, Jim Cramer recommends selling the stock of his company The Street.com (Nasdaq: TSCM). In his books, Cramer says to dump stocks when executives depart suddenly or companies miss their filings. Therefore, once The Street “failed to produce their 10-Q filing for the second quarter” and executives started jumping ship, an honest Cramer would have been forced to “Sell, Sell, Sell.”

If you are looking for supporting evidence to dump your TSCM shares, here are a few strong data points:

1) The Street has sunken so low as to offer stock picks from professional psychics;

2) The Street is losing key executives and board members faster than the Phillies knocked out the Dodgers;

3) The Street’s great stockpicker Lenny Dykstra went belly up (and not sliding into home plate);

4) The Street’s last go-to guru, Doug Kass, has an incredibly questionable track record for RealMoney subscribers (See “Buy the Financials. Yes, Buy” JANUARY 2008, and Doug’s schizophrenic Twitter stream of picks (e.g., April and May 2009) which contradict his jumpy calls and articles;

5) The Street introduced a new newsletter by Ron Insana and claimed the newsletter had a track record based on performance BEFORE the newsletter even existed (Hat Tip: Michael Comeau); and,

6) Jim Cramer’s true value has been proven in Barron’s and he was waterboarded while (not) debating Jon Stewart.

Looks like the circus may be leaving town …

If you are interested in quality analysis and winning picks rather than entertainment, click here to get your free copy of our new October Premium Newsletter now.

Want more Cramerica? Try these posts:

Jim Cramer and TheStreet.com Hit Low with Psychics as Stock Pickers

The Cramer-Roubini X-treme Index

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7 Responses to “Jim Cramer Says Sell, Sell, Sell His Company TheStreet.com According to HIS Rules” Bob English says: October 26, 2009 at 7:53 am

Transitive logic? What’s next–predicate calculus? Can we just get back to throwing darts, here?

Reply Damien Hoffman says: October 26, 2009 at 9:00 am

Very true!

Reply Broker Sense says: October 26, 2009 at 10:27 am

I’m surprised you guys aren’t following the Ron Insana side of the story:

http://www.longshorttrader.com/2009/07/inside-ron-insanas-time-machine.html

Reply Damien Hoffman says: October 26, 2009 at 10:36 am

Thanks, Michael! I added your important insight into the post. I love the information age!

Reply Tradermark says: October 26, 2009 at 1:17 pm

Game on!

Booyah.

Reply Trackbacks/Pingbacks Posts about Jon Stewart as of October 26, 2009 » The Daily Parr says: October 26, 2009 at 4:43 am

[...] about Jon Stewart as of October 26, 2009 Jim Cramer Says Sell, Sell, Sell The Street.com – wallstcheatsheet.com 10/26/2009 According to transitive logic, Jim Cramer recommends [...]

Reply Monday links: transport weakness Abnormal Returns says: October 26, 2009 at 1:04 pm

[...] would the Cramer, when he was a hedge fund manager, have said about TheStreet.com (TSCM) stock? (Wall St. Cheat Sheet, Zero [...]

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7 Responses to “Jim Cramer Says Sell, Sell, Sell His Company TheStreet.com According to HIS Rules” Bob English says: October 26, 2009 at 7:53 am

Transitive logic? What’s next–predicate calculus? Can we just get back to throwing darts, here?

Reply Damien Hoffman says: October 26, 2009 at 9:00 am

Very true!

Reply Broker Sense says: October 26, 2009 at 10:27 am

I’m surprised you guys aren’t following the Ron Insana side of the story:

http://www.longshorttrader.com/2009/07/inside-ron-insanas-time-machine.html

Reply Damien Hoffman says: October 26, 2009 at 10:36 am

Thanks, Michael! I added your important insight into the post. I love the information age!

Reply Tradermark says: October 26, 2009 at 1:17 pm

Game on!

Booyah.

Reply Trackbacks/Pingbacks Posts about Jon Stewart as of October 26, 2009 » The Daily Parr says: October 26, 2009 at 4:43 am

[...] about Jon Stewart as of October 26, 2009 Jim Cramer Says Sell, Sell, Sell The Street.com – wallstcheatsheet.com 10/26/2009 According to transitive logic, Jim Cramer recommends [...]

Reply Monday links: transport weakness Abnormal Returns says: October 26, 2009 at 1:04 pm

[...] would the Cramer, when he was a hedge fund manager, have said about TheStreet.com (TSCM) stock? (Wall St. Cheat Sheet, Zero [...]

Reply Leave a Reply

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NOTE: We have an aggressive spam filter that will automatically delete any comment containing profanity or URLs. We will never see these comments. We apologize for any inconvenience.

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Click the Thumb If You Like This Post This post was written by:

Damien Hoffman - who has written 185 posts on Wall St. Cheat Sheet.

Contact the author

7 Responses to “Jim Cramer Says Sell, Sell, Sell His Company TheStreet.com According to HIS Rules” Bob English says: October 26, 2009 at 7:53 am

Transitive logic? What’s next–predicate calculus? Can we just get back to throwing darts, here?

Reply Damien Hoffman says: October 26, 2009 at 9:00 am

Very true!

Reply Broker Sense says: October 26, 2009 at 10:27 am

I’m surprised you guys aren’t following the Ron Insana side of the story:

http://www.longshorttrader.com/2009/07/inside-ron-insanas-time-machine.html

Reply Damien Hoffman says: October 26, 2009 at 10:36 am

Thanks, Michael! I added your important insight into the post. I love the information age!

Reply Tradermark says: October 26, 2009 at 1:17 pm

Game on!

Booyah.

Reply Trackbacks/Pingbacks Posts about Jon Stewart as of October 26, 2009 » The Daily Parr says: October 26, 2009 at 4:43 am

[...] about Jon Stewart as of October 26, 2009 Jim Cramer Says Sell, Sell, Sell The Street.com – wallstcheatsheet.com 10/26/2009 According to transitive logic, Jim Cramer recommends [...]

Reply Monday links: transport weakness Abnormal Returns says: October 26, 2009 at 1:04 pm

[...] would the Cramer, when he was a hedge fund manager, have said about TheStreet.com (TSCM) stock? (Wall St. Cheat Sheet, Zero [...]

Reply Leave a Reply

Click here to cancel reply.

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NOTE: We have an aggressive spam filter that will automatically delete any comment containing profanity or URLs. We will never see these comments. We apologize for any inconvenience.

Legal Disclaimer Feedback Jobs Affiliate

Damien Hoffman - who has written 185 posts on Wall St. Cheat Sheet.

Contact the author

Transitive logic? What’s next–predicate calculus? Can we just get back to throwing darts, here?

Very true!

I’m surprised you guys aren’t following the Ron Insana side of the story:

http://www.longshorttrader.com/2009/07/inside-ron-insanas-time-machine.html

Thanks, Michael! I added your important insight into the post. I love the information age!

Game on!

Booyah.

[...] about Jon Stewart as of October 26, 2009 Jim Cramer Says Sell, Sell, Sell The Street.com – wallstcheatsheet.com 10/26/2009 According to transitive logic, Jim Cramer recommends [...]

[...] would the Cramer, when he was a hedge fund manager, have said about TheStreet.com (TSCM) stock? (Wall St. Cheat Sheet, Zero [...]

Click here to cancel reply.

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