Rich
12-03-2007, 11:21 AM
In all fairness, we know these people are very good, But I feel they messed up on these two stocks, at least for a buy at the time they recommended them, especially ETFC. (Etrade)
SHLD (Seymore BUY) ( I lost a lot of money listing to Cramer on this one, I held on WAY too long listing to him pump it, I suggest you never listen to anyone who has a friend running a company, it clouded Cramers view of facts) Downgraded and slipped from $118 to $98 and has some serious financial reports. Its coming back but very slowly
The Street reports:
SHLD 106.25, +0.74, +0.7%) posted a 99% decline in third-quarter profit and the retailer's CEO said management was "very disappointed."
ETFC ( Adami and Najarian BUY) This one fooled everyone. It was upgraded last Friday and pre-market it went up 24%, then the bad news came out and it was Downgraded today from $11 to $2
SinceFriday $6 to $4.50 and down 14% today alone.
Not critical, just stating the events.
SHLD (Seymore BUY) ( I lost a lot of money listing to Cramer on this one, I held on WAY too long listing to him pump it, I suggest you never listen to anyone who has a friend running a company, it clouded Cramers view of facts) Downgraded and slipped from $118 to $98 and has some serious financial reports. Its coming back but very slowly
The Street reports:
SHLD 106.25, +0.74, +0.7%) posted a 99% decline in third-quarter profit and the retailer's CEO said management was "very disappointed."
ETFC ( Adami and Najarian BUY) This one fooled everyone. It was upgraded last Friday and pre-market it went up 24%, then the bad news came out and it was Downgraded today from $11 to $2
SinceFriday $6 to $4.50 and down 14% today alone.
Not critical, just stating the events.