Tuesday, July 24, 2007

Cramer Praising Countrywide Just A Few Month Before On Mad Money

Cannot resist.....It´s time to revisit a classic Cramer video.....just the day when Countrywide (CFC) is selling off after reporting lousy numbers....Countrywide's Net Declines 33 Percent on Home-Equity . Stock is hitting a new 52 week low today....

Jeff Matthews would say "I´m not making this up"

Countrywide / Mad Money ( Video )

Mal wieder Zeit für eine Rückblende.....passend zu heutigen massiven Warnung von Countrywide. Dazu muß man wissen das dieser Typ die Show mit den höchsten Einschaltquoten auf CNBC hat und teilweise als Guru tituliert wird. Wenn man nur die Show für sich nimmt und die Fakten ausblendet ist das in der Tat gute Unterhaltung :-)



Disclosure: Disclosure: Short KBW Mortgage Finance Index (including Countrywide)
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3 Comments:

Blogger Edgar said...

Yeah, I remember. He said, if you're going to go with a sub-prime lender go with my pal Mozilla. Of course anyone with half a brain could research that stock themselves for five minutes and know they shouldn't buy CFC, couldn't they?

11:36 AM  
Anonymous Anonymous said...

The poster boy of the tabloid financial media.

eh

11:08 PM  
Blogger jmf said...

Moin,

every bubble has his own "poster boy"

Cramer has a good chance of becoming the next Blodget.

But he some strong contenders like Lereah, Greenspan, Paulson....

3:14 AM  

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