Subscribe in a reader
Subscribe by Email
Vonage (VG) has long been a running joke on Jim Cramer's Mad Money ever since its massive IPO mishap in May of 2006, causing many irate customers who had been let in on the deal to file a shareholder's lawsuit against the company. Quoting a Vonage commercial, "People Do Stupid Things." Since the IPO, Jim Cramer kept his viewers out of "Vonage the Dog" and after a sickening slide of more than 50%, he adopted an onscreen version of Vonage the Dog, complete with Vonage collar. On March 23, 2007, Cramer declared Vonage (VG) the worst stock he had ever seen. A well timed short could have netted the patient investor more than a 75% gain. Yahoo Finance now reports short interest as percent of float at 7.90%.
Woof!
1 comments:
Usually I do not write on blogs, but I would like to say that this article really convinced me to do so! Congratulations, pretty nice submit.
Post a Comment