Little known stock newsletter website Wall St. Cheat Sheet
received a surprise email from Jim Cramer in response to an article
critical of TheStreet.com Inc stock. Taking issue with author
Damien Hoffman's title, "Jim Cramer Says Sell, Sell, Sell His
Company TheStreet.com," Cramer wrote the following e-mail to the
author, according to the website:
Subject: Some decorum and some fairness From:
“James Cramer” Date: Mon, October 26, 2009 5:30 am
To:
While I understand your need to be “on the
map,” and I understand the “public figure”
exception to the libel laws, I do think that given your backgrounds
and your histories, you are taking too much license with your Jim
Cramer says Sell TheStreet.com . I believe that level of lack of
responsibility is beneath you. So please take it down and apologize
to me so we can move on. Fair? Think about it. Think about how much
better you are than that? If you really need to sell subs just sell
them, don’t trash me to do it. jjcramer
The message tells us that Mr. Cramer has somehow convinced
himself that he is something more than an entertainter. At
Market Rap, we have hosted a series of critical pieces on Mr.
Cramer's many shameless actions, yet have not received
emails. Titles such as, "Jim
Cramer, The Weasel Who Is Now An Investor Advocate," may have
deserved a Jim Cramer apology demand letter. But apparently,
Mr. Cramer is only concerned when his stock promoting website's
stock is involved in the criticism. Congratulations to the
author, Mr. Hoffman, for his write up which got Mr. Cramer's direct
negative attention. Mr. Hoffman's response to Mr. Cramer is
here, including a note that he was a fan the show.
Apparently, not anymore.