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April 17, 2007 / Toby Dayton

Jim Cramer’s Mad Money Prognostication: Monster Is Up For Sale

I am not at all a fan of Jim Cramer’s Mad Money show on CNBC. In fact, I have to change the channel every night as soon as his show starts because I cannot stand listening to the guy for more than 5 seconds. His shtick is unbearable and his track record is horrendous. (According to Cramerwatch.org, his record is actually worse than a random flip of a coin). As I returned to my office tonight, however, I caught Cramer talking about Monster and had to listen. According to Cramer, Monster is currently up for sale and he begged and pleaded for Gannett to step up and buy the company. He believes that Gannett’s only hope of survival is to buy Monster. And if they don’t, his prediction is that Google will. If his past record is any indication, not only is Monster not for sale, Gannett’s stock will begin a massive run and should hit new highs within a month. We’ll see if Cramer can beat Leonard The Wonder Monkey on this one.

[tags]Mad Money, CNBC, Jim Cramer, Gannett, Monster, Stock Picks, Bad Investment Advice, Google, Online Job Boards, Recruitment Advertising, Job Boards, Media, Media Acquisitions[/tags]

2 Comments

  1. John Singer / Jul 30 2007 10:13 pm

    His record can be measured in other ways too. For example, Jim Cramer speculated that 155 stocks could be takeover targets but only 3.2% were actually taken over in on of the most active buyout markets of all time: http://www.stocktagger.com/2007/05/jim-cramer-takeover-targets-performance.html

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  1. Daily Deal’s David Shabelman: Monster Is Most Likely For Sale » Diggings

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