Cramer said during the Lightning Round that Medifast "fits the profile we want under Obama." He recommended waiting for the stock to come down before pulling the trigger.
On Thursday October 8th 2009 , Medifast added 91 cents, or 4.2%, to close at $22.62.
Jim Cramer is dead wrong on this call.
Obviously homework not done and he has retracted mistakes in the past.
Jim Cramer is great.
Medifast Stock and 10K Financials are like a hot dog:
it tastes great, but you don't want to know the ingredients ... nor the consequences.
"Kid, you're on a roll. Enjoy it while it lasts, 'cause it never does."
Lou Mannheim (Hal Holbrook), Wall Street
http://www.youtube.com/watch?v=o-jOAmy4DIU
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