Penchant accosts Jim Cramer over penny stock investment

New York, NY

Penchant Lama accosted MSNBC money man Jim Cramer outside the company’s New York City studio this week. According to Irene Lansberg, who was in New York from Atlanta, GA to buy bagels for her family, Penchant hopped on Mr. Cramer’s shoulder and called him a “jerk.” Then he jabbered something about penny stocks and complained that he was broke.

“It was the strangest thing,” Lansberg said. “I’m in the NBC studio shopping store, and there’s Jim Cramer, and all of a sudden this little blue guy is slapping him in the face, asking for his money. It is New York, but that was weird.”

Penchant, fresh from a windfall he received when his close friend Koach Krafty sold his Vincent de Hugo original to Southeby’s for $11.3 million (Penchant received $1.3 million for helping to refurbish the piece), invested $100.00 with Mr. Cramer in an obscure mining company in Peru that specializes in refining the steel used on forklifts. The company’s penny stock plummeted after the AP reported that it was the company’s metal that was used on the forklift that was used to lift injured cattle in the Westland/Hallmark Meet Company in Chino, CA.

“It’s really not a good situation,” Penchant said, referring not to the recalled beef (Penchant is a vegetarian) but to his lost money. “Told Jim to get on some hot penny stocks. And he lost my jimmies.”



Penchant was in town for the 2008 International Toy Fair. He ran into Cramer after visiting the set of the Today show. Cramer didn’t give Penchant his money, but the tiny Mimjellian did earn a few dollars running security for the Naked Cowboy in Times Square. He would have earned more if he hadn’t been sweep away by the flowing sea of Kosovo Independence Day revelers.


Read Tinkering to learn about Penchant's arrival and his first adventure in America!

-TsungChi