Why TheStreet.com, Inc. (TSCM) & Jim Cramer Are Just Poor-Information-Giving Illiquid Versions Of The SPDR (SPY)
Posted by Timothy Sykes on Mon 2nd of Mar, 2009 08:20:30 AM
Tags:
Understand I don’t care to trade this stock because it’s more boring than a sissy value investor’s articles…
…but several people are talking, and have asked me whether to buy the stock now that’s gotten wrecked and might/might not be “a good value” down here in true penny stock land under $2.
Let me show you their trainwreck of a 1-year chart:
Mismanagement, poor “expert” performance, call it whatever you want, the point is TSCM’s chart is EXACTLY the same as the S&P 500:
That’s right–so goes the S&P 500 so goes TSCM. So, if you’re betting on a market rebound, TSCM probly isn’t a bad buy, but my only question to you is: why would you buy either?
After all, both are examples of perfect downtrending–trend followers are all short and they’re loving life–and we’re breaking through all forms of technical support.
If I had to buy either, I’d buy the S&P because at least I’d be investing in 500 diversified companies instead of 1 alpha male commentator who, along with his backers and followers, is getting an education that when you’re down 40%+ in one year (2008) and 15%+ in the first 2 months of another (2009)–there’s gonna be less people who want to buy your premium products/read your time-wasting-ticker-spam-every-big-stock-possible-so-you’ve-got-big-hits-so-what-the-stuff-is-utterly-useless commentary.
My advice, sign up every stock market commentator from TheStreet.com, The Truly Market Fools, MSN Money, AOL, Yahoo!, StreetInsider, including any and all alpha male commentators, the whole bunch of the joke that is the financial media “industry” to Covestor and see if they can ever make it to the top of the rankings (Yup, it’s now been 16 months and my 240%+ return in that time means I’ve held the #1 spot for just about every day/week).
Unfortunately, that’ll never happen because then everyone–or at least mostly everyone–would be judged as the underperformers/incompetents they are (Prove me wrong pinheads and try to dethrone me…until then, remain silent and forward your earnings to me because you’re not worthy of keeping them) and the stocks/hits/value of all these “great” websites would plummet as if their chart was TSCM’s.
Oh shit, that’s already happening :)
TIMstore Monthly DVD Specials:
See all TIM DVD specials HERE
Related Reading
-
Brandon
-
Jason Kirby
-
younggunz
-
jusblaze99
-
gh
-
Josef H
-
Microcap Speculator
TIM Trades
View All| Date | Stock | Buy | Sell | Net |
|---|---|---|---|---|
| Nov 19 | AENY | $2.80 | $3.02 | $1148 |
| Nov 18 | NLST | $4.16 | $4.40 | $947 |
| Nov 18 | IMGG | $1.42 | $1.64 | $2094 |
| Nov 17 | NLST | $5.04 | $5.59 | $2195 |
| Nov 13 | VRMLQ | $21.50 | $22.97 | $2901 |
| Nov 11 | EONC | $2.61 | $2.80 | $687 |
| Nov 10 | EONC | $2.74 | $3.36 | $9784 |
| Nov 6 | QXM | $4.31 | $4.80 | $1936 |
| Nov 4 | COT | $8.66 | $8.88 | $642 |
| Nov 4 | QXM | $4.61 | $4.89 | $822 |
| Oct 30 | DDRX | $25.70 | $26.53 | $812 |
| Oct 29 | CTDC | $4.00 | $4.42 | $781 |
| Oct 26 | AWSL | $3.24 | $4.10 | $2516 |
| Oct 23 | RODM | $5.27 | $5.23 | $301 |
| Oct 22 | AMLM | $2.69 | $2.97 | $820 |
| Oct 22 | USEG | $6.12 | $6.09 | $85 |
| Oct 20 | CBOU | $8.93 | $9.06 | $243 |
| Oct 16 | VRMLQ | $16.79 | $18.65 | $2773 |
| Oct 13 | YONG | $11.05 | $11.66 | $1202 |
| Oct 13 | NPHC | $0.59 | $0.71 | $583 |
| Oct 12 | IMGG | $0.60 | $0.70 | $682 |
| Oct 9 | ZAGG | $5.50 | $6.10 | $2380 |
| Oct 7 | GVBP | $0.03 | $0.27 | $702 |
| Oct 1 | NPHC | $0.70 | $0.85 | $1482 |
Total: $98,094 (681%)
