this is about predictions he made that promptly fell out of bed 15 years ago.
I do not believe Cramer did that on purpose. Is not evil.
There are some extremely important points made in this article. i.e.: One who gets best, cheap financing costs is normally the winner. Then, you have lenders who demand equity action to loan at good rates....kind of a shake-down.....
How did a company who supposedly cuts margins to the bone, like, say, WalMart, grow so quickly and destroy all competition? I know they were brutal in their negotiations with their potential vendors, but, that does not explain it all.
Anyway, skim this piece for an education.
Seems to me Cramer was right in what he was saying and that what he said was far more valuable than what he recommended.
icd