Oh no, it's a revenge of the also-ran dot-coms!
, which has wallowed since its offering, has suddenly exploded to the upside, up a quick seven.
, which was threatening to see its offering price, just ramps right through it. Lowly
is having a fantabulous day.
What the heck is going on?
I had a feeling it might be a revenge of the also-rans this weekend when I saw that nifty
ad while watching
. And then I saw the action in
, which should come out of lock-up status soon.
But who knows how this gets started. And will it last now that I have spotted a pattern that others have clearly spotted before me?
Wouldn't you know it, and now it is
turn. The news is that
will write for them! I thought she wrote for CBS MarketWatch.
Count me out. I have enough problems staying long the so-called blue chips of the Net!
James J. Cramer is manager of a hedge fund and co-founder of TheStreet.com. At time of publication, his fund had no positions in any stocks mentioned. His fund often buys and sells securities that are the subject of his columns, both before and after the columns are published, and the positions that his fund takes may change at any time. Under no circumstances does the information in this column represent a recommendation to buy or sell stocks. Cramer's writings provide insights into the dynamics of money management and are not a solicitation for transactions. While he cannot provide investment advice or recommendations, he invites you to comment on his column at