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Cramer's TheStreet On Imploding FMCN From 8 Hours Ago: "Upgrading From Hold To Buy"
This has to be an almost as epic call as Dick Bove's upgrade of Lehman days before its bankruptcy.
From TheStreet:
NEW YORK (TheStreet) -- Focus Media (Nasdaq:FMCN) has been upgraded by TheStreet Ratings from hold to buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance, impressive record of earnings per share growth and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income.
Highlights from the ratings report include:
- FMCN's very impressive revenue growth greatly exceeded the industry average of 19.2%. Since the same quarter one year prior, revenues leaped by 53.4%. Growth in the company's revenue appears to have helped boost the earnings per share.
- FMCN's debt-to-equity ratio is very low at 0.02 and is currently below that of the industry average, implying that there has been very successful management of debt levels. Along with this, the company maintains a quick ratio of 3.87, which clearly demonstrates the ability to cover short-term cash needs.
- Compared to where it was a year ago today, the stock is now trading at a higher level, reflecting both the market's overall trend during that period and the fact that the company's earnings growth has been robust. Looking ahead, unless broad bear market conditions prevail, we still see more upside potential for this stock, despite the fact that it has already risen over the past year.
- FOCUS MEDIA HOLDING LTD reported significant earnings per share improvement in the most recent quarter compared to the same quarter a year ago. The company has demonstrated a pattern of positive earnings per share growth over the past two years. We feel that this trend should continue. During the past fiscal year, FOCUS MEDIA HOLDING LTD turned its bottom line around by earning $0.71 versus -$0.78 in the prior year. This year, the market expects an improvement in earnings ($1.71 versus $0.71).
- The gross profit margin for FOCUS MEDIA HOLDING LTD is rather high; currently it is at 69.70%. It has increased from the same quarter the previous year. Along with this, the net profit margin of 29.50% significantly outperformed against the industry average.
Focus Media Holding Limited, a multi-platform digital media company, operates liquid crystal display (LCD) network using audiovisual digital displays in China. The company has a P/E ratio of 25.3, above the average media industry P/E ratio of 12.2 and above the S&P 500 P/E ratio of 17.7. Focus Media has a market cap of $3.5 billion and is part of the services sector and media industry. Shares are up 15.3% year to date as of the close of trading on Friday.
You can view the full Focus Media Ratings Report or get investment ideas from our investment research center.
h/t bigwavedave
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isn't this site related to cramer ?
Not at all. But we are more than happy to serve as content hosts for any Google Adsense advertising clients. Whoever they may be.
Memo to Cramer:
1)Post-it note
2)"FMCN"
3)Adhere to forehead/Appear on-air
All I can say is...
BAHAHAHAHAHAHAHAAH
Is my memory incorrect of did Cramer make the same call on Bear Sterns?
and MF Global...and pretty much every Solar company on the planet.
There just aren't enough shoes to throw at the TV...
Not to worry. Pleanty more shoes to lift when Snarko get our collective asses in Iran.
And BAC, and ___________________ (fill in the name of the crater here).....
Epic TD, Epic.
Netflicks was classic
Someone should investigate Cramer for insider trading. These calls are way too bad to be the product of playing by the rules. He must be getting his terrible, inaccurate information through illicit means.
bogus info - Bidu only Chinese stock cramer has approved in 6 or more months.
bogus info - Bidu only Chinese stock cramer has approved in 6 or more months.
Cramer is a paid shill for The Squid and Fidelity's trading desk. His only real talent is throwing on-air temper tantrums when the Fed wont act fast enough to stop the natural business cycle from occuring.
he pumps and dumps. he always has done this. before he was on cnbc he used to use them to help him. now that he is there, he is doing the same thing......he should be in prison.....
HPD - my thoughts exactly. When I first saw the Street "buy" and Muddy Waters "strong sell", I figured it was a set up and the Street call was just a Cramer Inc. smoke screen. With no soul to weigh him down, it means nothing to Cramer that he appears as a fool on the Street or CNBS. Especially when Cramer and his insider pals are making bank with shorts on FMNC. Cramer and gang are all criminals and should be in PTITA prison.
Anyone who listens to Cramer the Clown should lose their money. Suckers!!
That's why Cramer should note his picks in pencil. An absolute classic!!
is the catholic church related to atheism?
What google's "adsense"? That's not one of those "we're the media and we're targeting you" things is it?
No, it is one of those "we've dishonoured our cheque to you, because we in our infinite wisdom accuse you of clickfraud--and that is final" things.
I can't decide if I find it hilarious or disturbing when I read articles like this one right next to the advertising from Cramer himself. Surreal for sure.
Wot ads?
I don't get the Cramer connection.
I only came to this story because it had Cramer in the title.
I WANT CRAMER NOW
You must give the people what they want Tyler.
Cramer, Cramer, Cramer.....watchyagonnabuynow?
I feel like I've been duped - I want my clicks back
If Creamer's ads here are pay per click and everyone here clicks on them a few dozen times, does that help ZH and also cause TheStreet to get a bigger advertising bill?
Read the headline son.
sorry but i swear the original title didnt have cramer written; that or i need to stop drinking
Tyler bring back the arithmetic question so CNBC employees can't post here anymore.
no don't please Tyler, always took me 5 attempts even with a calculator to answer the maths questions!
far better just keep spreading the truth, acts like sunlight on Vampires to scare away the CNBC critters
the maths questions
If they put an engrish captcha, you're toast.
Kinda reminds me of this old Frank & Ernest cartoon:
http://www.thecomicstrips.com/store/add_strip.php?iid=70217
i had to post a letter recently to cincinnati - (ouch) i thanked the young lady that cincinnati wasn't in mississippi.
and then again - there's chrysamthemeum. (or something like that)
That makes my #1 comment of the day!
Is there any more proof that we are experiencing a rip in space-time such that we have entered, and now populate, the mirror image of what we once knew as "earth"?
Up is down, buy is sell, debt is equity.
i
LOL-ing.
Does any of this sell-side cheerleading bullshit actually generate any dumb-money sales?
First one bitches!!!!
ROFLMAO about fmcn
edit - my mouse wasn't fast enough dammit!!!
The EPICness of your failure is HUGE!!!
cmon, the comments were empty when I typed - fuck my apple too!
You see people that own a mac don't really know what they want thats why the Mac does the thinking for you , and it new that you should not post first problem solved.
Good try quick draw, better luck next time. There are people watching the new content like hawks.
That is absolutely genius, I needed a good giggle this morning!! :-D
LOLOLOL!!!!!!!!!!!!
Wait.
LOLOLOL!!!!!!!!!!!!!!!!!
No hat tip for me?
hat tip +1
if you follow me on twitter you would have been even earlier :D im going to stomach cnbc today just to see cramer squirm. lol
do they manufacture teleprompters? well, do they?
.....thinking maybe he had a Burgundy moment are you??
http://www.youtube.com/watch?v=YoKAcVL_phI
Maybe.....
Thanks Tyler That is really funny. Hoisted on own petard, er maybe should be retard.
lolz
The Street should be a candidate for the top story on failblog.org.
http://valuebin.wordpress.com/
I like the qualifiers "largely", "reasonable", "by most measures", "impressive", and "outweigh" - to mention a few. I"m a buyer.
does someone still read thestreet? I havent gone there in years. seriously
I can picture the vein in Cramer's forehead pop every time he is pointed out for his retardedness on this site. Puts a smile on my face.
Tylers, when is the Iran-US-espionage article coming. can't wait longer.
CIA Spies Outed In Lebanon: Hezbollah Identifies And Captures U.S. Agentshttp://www.huffingtonpost.com/2011/11/21/cia-spies-outed-lebanon-hezboll...
My favorite quote:
"To be sure, some deaths are to be expected in these shadowy spy wars. It's an extremely risky business and people get killed."
But they hate you for your freedoms!
I thought it was femdoms...Im going to have to rethink everything now
Just another example of the criminality going on with brokers.
I may have to write a song for Cramer.
JJC - Has merely replaced D Dorfman of yesteryear, yet far far more egregious than D-Squared ever was.
Anyhoo- JCC remains the ultimate contrary indicator/fade!
How big is Cramer's holding of FMCN?
we have a winner!
sorry, Robo_T! maybe tomorrow!
If it sounds too good to be true, than more often than not, it isn'true.
So it's a lie.
Cramer is now in his office with dick in hand or was it Dick Handler? I'm so confused
Booyah!
And just in time to fill in the No. 1 spot on Letterman's "Top 10 Reasons Why Cramer is A Douche" list.
Thanks, Jim!
Close race between Letterman and Cramer as to who is the bigger douche.
I have this vision in my head of Belushi doing a parody of Cramer ala Joe Cocker and keeling over in a fit...
no surprise..he was a Goldman Sackie...
their Goldman Rule..
Do the opposite unto others as you tell them to do.
3rd times a charm....
Apparently this site dosen't like posting a cnbc link
Jim Lamer have fun..http://www.cnbc.com/id/18724672/
Now I understand what really happened to his hedge fund.....
Cramer should cancel his own show....IMMEDIATELY.
They keep bringing back Dick Oy-vey Bove', so there's no reason for Cramer to leave. Besides, CNBC has a commitment to quality, LOL.
I got tears in my eyes.....
I prefer Morningstar over Cramer. They've been telling me to sell TIPS and buy gold. I guess I'll have to listen to Cramer more. sigh.
Cramer: OOO! Look at this stock dropping like a ROCK! It's way below its moving averages and OMG! Look at that P/E ratio now!! I'm instructing all my viewers to BUY and BUY a LOT of it! This is a pre-Black Friday sale, viewers!
(producer to Cramer's in-ear mic): Uh, Jim? What research have you done on this stock to push it so hard like this?
*CNBC cuts to commercial*
Cramer to Producer: Research? Hunh? Look at the stock price!! What else do you need to know?!?!
Don't criticise morons such as Cramer too much..... we need them !
Being short Salesforce.com I was delighted when he pushed it two weeks - what more glowing endorsement for my position did I need ?
Priceless
In a world where the law existed, Cramer would be in jail already, as nobody can be that stupid... If the SEC had even a fraction of a huevo we could stop talking about criminals (Kudlow, as well), and get on with more important things like firearm pros and cons, how long canned pork and beans will last, and how to skin and cure a politician.
Hah you don't skin and cure them they are only good as fertilizer cause they're full of shit.
Brahahahahah
There is an ad running on ZH right now pushing his services !
PROFIT WITH CRAMER
"Learn to trade like a hedge fund manager, now."
Brahahahahah
Don't forget to click on it. Pennies from heaven!
cash ex nihilo
Money out of nothing
Best of Breed ! a without a doubt
How is Cramer not in jail yet boggles my mind...
Fade the Cramer!
I've no doubt the man is destined to meet a lamp post somewhere down the road.
he *is* a lamp post.
a dim one, though.
He is short in his charitable trust...
LOL - unfunkin'believable
ZH - the Cramer fan club, that is different ...
When you're on a sinking ship - you need a comedian to lift the spirits.
Cramer provides that comedy in a superb manner which makes it look 100% genuine (but of course nobody is that stupid)
Check out his TV appearances for hidden short signals. I once watched him praise a stock ... and lift his left arm to smell his armpit, simultaneously. Free and easy. Inimitable.
Cramer = Kramer. Both clowns..
Why would anyone listen to cramer....aside from my brother...??
Cramer has one advantage and one only really. He can pick up the phone and call the CEO of just about any company. (Then of course the guy uses the format to build his product image) Investors can learn a great deal by listening to conference calls, who asks the questions, what questions are asked, and how truthful and direct the company is with them. Cramer probably knows this as well, but he chooses to use his format as an infomercial, (after all if you insult a CEO he might not talk to you the next time) Of all the things said about Cramer this infomericalism is the most bothersome part of CNBC, you can't tune in without catching someone promoting stock. The premise of the program is really vintage Billy Mays. The stock market always goes up, we know that, so it's a comfortable position to be in.Andyou always have to wonder what's the upside for Jack Welch in promoting the stock market (hint his successor got a nice fat appointment in the WH)
DPZ. Another Cramer fav....CRM Cramer says it's a buy. And buy FMCN. Stay away.
You buy a stock that is down 44%. Huh.
Back about 15 years ago I swapped a couple emails with Cramer and I thought he was pretty cool. Now I think he is nothing but a tool.
he brought a lot of talent to his online site, and he penned some pretty neat stuff, including the (not so fictional) adventures of two hedge fund managers who bought stocks with small floats and then had to keep levitating the share price with a variety of tricks. then he was caught up in that alleged pump and dump thing with Maria, she would turn up the volume on Mr Softy in the morning and he would sell into the rally that afternoon. some of his people started to bail after that.
Cramer is a fundamentals guy, when fundamentals no longer matter, momentum doesn't matter and tech analysis doesn't matter. its all liquidity and the dollar now. remember there was the day trading frenzy, there were kiosks where you could go and buy time with a T1 hookup.
and people were making money including that guy (Gary Smith?) who published a book about daytrading. he was pretty good. doesn't matter now, all gone. and only a few years ago too
now Cramers non sequitr because he never goes short, (probably against network policy)
Its soo simple! just do the opposite of what cramer and CNBC tells you.
Dont you just love financial fantasy land?
Getting Back To Even.
Crymore and Blankcheck, nice pic!
Aw, you guys don't understand. Cramer wasn't telling us to buy FMCN today, he thinks it will be a strong buy tomorrow - after it loses half its value today. Sometimes you have to read between the lines to see how smart Cramer really is.
Lizzy with 36ers
That photo is worth a thousand boyha's
Well, I noticed that to the right of this Internet Article is the smiling face of Cramer.
http://squeekonomics.files.wordpress.com/2011/11/the-ubiquitous-mr-crame...
I guess we can run, but we can't hide.
Squeeky Fromm, Girl Reporter
All chinese stocks are bogus. They cheat and lie always. They cheat on the quality
of steel and any and all other components. Why do we buy from them. The Vizo tv
is ok - How can you buy any chinese stock - there sytem chops off their head if they
tell the truth. Buy no chinese stock. Bu no chinesse product.
Bottomed at 9 closed at $15. PAY ATTENTION !!!
how the low point looked on the day....
http://calibratedconfidence.blogspot.com/2011/11/what-happened-to-focus-media-holdings.html