Cannell Capital Activist Investor calling for Jim Cramer to resign
http://www.cannellcapital.com/uploads/12.02.14_TheStreet_Letter.pdf
He has some awesome perks...
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Cramer is a bum. Ever seen the daily show interviews?
http://www.huffingtonpost.com/2009/03/13/jim-cramer-on-daily-show_n_174…
@"bluegold"
"You are 59. When you lie upon your deathbed, how will you reflect upon your legacy?"
Damn, that's pretty harsh considering Cramer buried his Dad last week.
Makes me wanna scoop up 10% and help force Cramer out
I'm surprised more micro cap "hedge funds" haven't considered taking up the strategy of putting up a substantial portion of their capital in activist campaigns against sub-$100mm companies. Probably the easiest way to get press, especially with companies that are nominally led by people who are followed by financial media.
There are literally like 3,500 microcap hedge funds doing exactly this.
My fund invests primarily in micro/small cap. Promo is part of our life. Stocks are so illiquid any boost can result in substantial gains. We need liquidity
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