I happened to catch today's 500th show of Mad Money by Jim Cramer. It was a bunch of clips from previous shows and Cramer talking about them. It also featured a call from Regis Philbin who asked Jim for a take on Time Warner and EMC.
Hat tip to
Barry Ritholtz.
Jim Cramer's ratings must be causing some alarm in Engelwood Cliffs.
He fell below 200,000 total viewers at 6pm in May -- averaging 175,000 for the month, a 29 percent drop from his 247,000 average in May 2006. (In March, he averaged 255,000, and in April, he averaged 205,000.)
In the 25-54 demo, the declines may be more ominous. Here's the trend from January to May: 87,000, 72,000, 88,000, 59,000, 50,000. His May demo delivery of 50,000 is his worst in many months, and down 50 percent from last May's average of 100,000...
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