Oh, unkind fates! Oh, Evil spirits!
While plotting my own corporate raiding and pilfering strategies the other day, and while reading various and sundry economic predictions and pithy stock market blogs, I stumbled upon this incredible revelation, to wit:
“Apparently in light of recent developments, Cramer has shifted his perspective on Lockheed as of Monday night’s show. Although Lockheed beat estimates, Cramer referred to it as a bad quarter and said that Lockheed is suffering from a priority shift at the Pentagon.”
That evil spirit, the contentious and either beloved or much reviled James “Jim” Cramer, the “Rill O’Beilly” of the CNBC network stock market show, “Mad Money,” dared to abandon the favored military industrial complex stock of the Ockham “Razor’s Edge” anonymous “staff” who wrote the article to which I had been lead by titillating internet linkages. These all-knowing lords of economic wisdom were quite justifiably outraged by Cramer’s callous abandonment of Lockheed’s military and economic prowess in favor of the less well endowed Northrop Grumman corporation, whose missiles were presumably fully extended already and not capable of further growth such as those of Lockheed. – Scumbag! How dare he? they raged.
“This is a clear reversal from his opinion of just two weeks prior, and it is his purgative to change his opinion as more evidence is made available. While he may be right about the shifting priorities from the Pentagon, we are sure that Lockheed will not be caught unaware with no alternative course of action. They will continue to compete for contracts same as they always have, and for now we are not overcome with concern for future sales. From our perspective, he seems to have written off LMT for dead rather quickly (especially considering his bullishness two weeks ago).”
Fickle bullishness indeed! Scoundrel, I say!
Yet, despite being a stock market hobbyist and enthusiast, I find my literary leanings difficult to overcome when reading this kind of stuff. I found myself compelled to sign in to the blog commentary with a short riposte:
“While it may be Cramer’s prerogative to take a purgative, it is a crappy choice. I just thought I would share that.”
Those scoundrels! Without even acknowledging or allowing my spontaneous quip to post, edited their own words. Oh, to be deprived of my one glorious moment of fame in the economic world. My visions of being cited and revered as a great sage like Warren Buffet were dashed once again.
As Monsieur Poirot was noted to say (on the famously literate Public Broadcasting show) “They have not the humbility.”
Clair Button occasionally posts a bit of questionable humor here. Hope you have fun with it.