Cramer And Thain: NYSE EURONEXT UP IN SMOKE?

Wednesday, July 25, 2007
Cramer And Thain: NYSE EURONEXT UP IN SMOKE?




Many investors are feeling sick after riding the NYX roller coaster. People are getting fed up with the NYSE EURONEXT stock and it is really beginning to show. Jim Cramer the tv guru, and John Thain NYX manager , have become the people that everyone loves to hate. Internet chat rooms and message boards have literally been overflowing with share holders who are getting out their frustrations online. This is evident by the photograph above sent in by Liam in New Jersey, who said Cramer was blowing smoke. His email reflected the same feelings so many investors have reiterated online time and time again. Is it time to get out of NYX?

However, there is another side to the story. As we reported last week, the Cramer cult followers and believers are also chatting away on the message boards. Many are saying the time to buy is on this decline. With records being broken every month and talks of mergers, NYSE EURONEXT is positioning itself to be a super power. Not just financially, but politically. Once NYSE EURONEXT acquires more exchanges it will inevitably be able to gain leverage on the worlds most powerful countries. In the long term there is an unfathomable amount of growth possibility. Many are also looking forward earnings which is felt will make a positive concrete impact on analysts positions. The feeling from optimists is that if you have been in this long you should wait or build up more shares on weakness. They feel it is inevitable that NYX is going to skyrocket.

So maybe Cramer and Thain will be able to redeem themselves. For the squeamish it is to late because they will be selling off in droves. For the people who ride the ride you may be in for quite a wild one, but the possibilities could pay off more than you think.

What do you think about Cramer and Thain?