On Sept. 15, the day Steel appeared on the Mad Money, Wachovia stock closed at $10.71/share. Yesterday it closed at $1.84/share. Below is the clip from Sept. 15. And after the jump, Cramer’s apology: “I let you down, because I wasn’t skeptical enough.”
And perhaps Cramer’s recommendation should have come during last night’s show. At last check, Wachovia is up 74% from yesterday’s close.