Back by popular demand, the Inside Wall Street Handicapper -- a column designed to help you use the Inside Wall Street column to make, not lose, money.
Gene-O, say it ain't so? This week, Gene Marcial's
column, Inside Wall Street, actually praises one of our stocks,
! Well, recuse me, but this column can't boost the big-cappers, so my betting line is that Marcial does nothing to the stock. I would take no action on this. Nice to have him aboard, though.
Ah, but his other two picks, now there's some Marcial controversy.
First he boosts
. Me, I am a Sillerman fan -- that probably makes me a loner on this site. Soft spot for guys who have done great things in Philadelphia, maybe. Marcial throws in the requisite possible takeover at an outrageous price. Could be good for 3 points.
His final number? Vintage Marcial, a sleepy company
Source Information Management
, a display-rack maker with some sort of B2B play that sounds a lot like all the other companies that do market-share gathering. If you own this one, you want to dump it right into the article. Take the 2 points it could generate and run!
How did I do
last week? Oh, doctor, I was spot on. Told you to boot the
into the morning dislocation, and that turned out to be a great trade. Predicted that
would cool off immediately and nailed that one. You did well if you hit the Friday Marcial bid right at the opening. But my best work was saying that
wouldn't work. You got out ahead of some nasty asbestos news and saved yourself 20% if you listened. Save to say that in week one of the Inside Wall Street Handicapper, we steered you dead right.
James J. Cramer is manager of a hedge fund and co-founder of TheStreet.com. At time of publication, his fund was long America Online. 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