This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Trulia Gets No Free Pass, Says Cramer

Stocks in this article: TRLA SCOR

NEW YORK ( TheStreet) -- Lindsey Bell interviews Jim Cramer regarding Trulia's IPO. A full transcript appears below:

Lindsey Bell:
Trulia IPO's popping. What's your thoughts?

Jim Cramer:
Tough call. The track record of companies that have not been making money, that have come public this year, is dismal -- but they've always given you a great gain. So I think you take it. I think Trulia's in a horserace with a bunch of companies...been a remarkable grower...increasing in Comscore. The real estate market is kind of like a porn market. We were making that joke. People look at websites. They want to see what their value is. These are very sticky sites. You tend to have to go through six or seven, if not eight, clicks in Trulia to find out what you want...sticky.

Advertisers like it but its competitor's Zillow, which I like, is teamed with Yahoo and Yahoo is just a powerful partner and my experience is that, when you have a company that is not making money, that is a basic social media/.com, all my views are colored by what happened at TheStreet when it became other words, a lot of hoopla. Stock was bid up furiously but we didn't make any money and I'm scarred by that. I'm also scarred by the fact that my late friend, Mark Haines, always said no free free passes...and I think that's the case again, with Trulia. I can't give them a free pass.

Lindsey Bell:
So you stay away from this stuff.

Jim Cramer:
Sell it.

Lindsey Bell:
Okay. What about other social media?

Jim Cramer:
Don't care about those right now.

Lindsey Bell:

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 17,778.15 +421.28 2.43%
S&P 500 2,061.23 +48.34 2.40%
NASDAQ 4,748.3960 +104.0840 2.24%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs