Monday, March 21, 2011

EOG Featured on CNBC's "Mad Money" With Jim Cramer -- March 21, 2011

This is at least the fourth segment on the Bakken that Jim Cramer has featured on his show in the last 30 days.

It is almost as if he has just discovered the Bakken.
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2 comments:

  1. AnonymousMarch 21, 2011 at 10:49 PM

    Mad Money is right. Where was Jimmy two years ago before the big runup ???

    For me, Cramer's participation is a bearish indicator. Sorry he is too late to the party. :)

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  2. Bruce OksolMarch 22, 2011 at 5:23 AM

    I agree: with regard to the big run-up, he was very, very late.

    However, I don't see his support as being bearish for the market or for the Bakken. Automated (computer) trading still rules the day. Most of the Bakken will follow the price of oil and the overall general direction of the market.

    The only thing I feel Cramer has done is make a large number of investors aware of the companies in the Bakken. For some (including me) it's a "feel good" effect but nothing more.

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