Thursday, December 10, 2009

Jim Cramer--trouble brewing?



We all know Jon Stewart called Jim Cramer out on the carpet on his comedy show. But things are getting serious at Cramer's thestreet.com. They've already been removed from the Russell Index of microcap companies, as the market capitalization was below minimum threshold levels. And they are delinquent on their 10-Qc regulatory filings for 6/30/09 and 9/30/09.

http://www.sequenceinc.com/fraudfiles/2009/11/20/trouble-keeping-the-books-at-thestreet-com/

http://wallstcheatsheet.com/breaking-news/jim-cramer-says-sell-sell-sell-the-street-com/?p=2982/

Also, note the mass exodus of key executives and directors:
http://www.zerohedge.com/article/taking-it-streetcom

Caveat emptor.

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