I’m calling it now. Jim Cramer, CNBC and Thestreet.com commentator and former hedge fund manager, has officially called the bottom.
I recommend that anyone waiting to invest, do so now. You rarely get a bell ringing for the sound of a bottom than as you did today.
Incidentally, for any prospective bargain hunters, the three Edelheit picks that I bought are well below the prices Edelheit recommended them: Destiny Media (OTC BB: DSNY.OB), PhotoChannel (OTC BB: PNWIF.OB), and Hemisphere GPS (TSX: HEM.TO1).
1Hemisphere is below the price where Edelheit recommended it in June of '07 on the Value Investors Club website, but it's still above the price where he recommended its predecessor company, CSI Wireless.