Jim Cramer on MNTN, Inc.: “I Don’t Mind It”

Look, I’ve looked into this thing. I deliberation it’s really invaluable property, but I’ve been dormant incorrect connected it. So you tin conscionable accidental to me, ohio my god, Cramer’s doubling down. He’s been dormant wrong. I thought determination was worth here, and it’s a profitable company. What tin I say? I don’t caput it.

A banal marketplace graph. Photo by energepic.com

MNTN, Inc. (NYSE:MNTN) provides a exertion level that simplifies show selling connected Connected TV. The company’s tools alteration brands to tally TV ads efficiently and thrust measurable conversions, revenue, and engagement. During the lightning circular of the January 14 episode, a caller inquired astir the stock, and successful response, Cramer commented:

I initially said it was good, then… was capable to retract that, convey heavens. This banal is conscionable awful. I cannot believe. I mean, they gotta make… They person to marque money, oregon other it won’t crook around. It came nationalist astatine a precise breathtaking time, and it is going little without net per share.

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