It is dangerous to be sincere unless you are also stupid - George Bernard Shaw
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AMD stock is "Mad Money", honey
No matter what I, as a European, think about a lot of sensationalist journalism on major networks in the US, no one can miss the fact that actually you learn more than watching most of the European national TV stations.
"Learning" excludes shows like Maury and Jerry Springer. Unless we're talking about crowd control, of course.
While watching a certain TV show named "Mad Money" on CNBC, a lot of stocks were talked about, including stocks of companies we often yak about. American readers will know that the premise of the show is to have an audience of students to bring the sponsor money interested in the massive 18-25 group, and they ask questions about interesting stocks in which to invest.
The host, Jim Cramer, is basically a showman that talks about shares, and during a show in Georgetown University, students popped a question about companies we often write about. Cramer pronounced AMD stock "Mad Money", followed by an animation featuring two cows. Probably mad cows.
The host set the target of AMD stock at the $32-37 range. Intel was also mentioned, and the predicament was that both companies will go up. Even if you don't live in the US, you can catch what stocks are mentioned on the world wibble, available via the INQ and especially expensive lingerie-laden Cher Price.
But a warning - please bear in mind that nothing is certain and that this show is nothing more than show business. [You mean the INQ? Ed.] µ
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