posted
Observing SIRI and Jim's constant wrong advice and then contradictory advice, I've concluded that the wise investor should do the exact opposite of what Jim Cramer says.
When he was saying "BUY BUY BUY" SIRI, it was dropping. When it hit the bottom, he acted like he never liked the stock and said "SELL SELL SELL".
Now that it's cheap and is running up on good news that anyone could have predicted... I wonder what he'll say.
My official rating on Jim Cramer is now "HOUSE OF PAIN".
posted
What ever stock he picks usually goes up the next day on pr alone, thats why hes so popular.
-------------------- “Money itself isn't lost or made, it's simply transferred from one perception to another." Posts: 540 | Registered: Mar 2006
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posted
I respect the fact that he puts his ass on the line every day. Who else is doing that on such a wide scale?
The only problem I have is that there are no highly visible penny gurus. It's a different game. A lot of experts say "cut your losses at 10%". How long would your penny orders last if you did that?
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Your confussed.........Cramer doesn't deal with penny stocks. Penny stocks fall under different rules...depending on the stock price.
However what Jim picks, people listen. I agree that cramer and the motley fool make bad decisions from time to time but they go by their comfort level and they are very good at what they do. Cramer doen't have time to follow hundreds of stocks......he is only 1 person. I'm sure he has advisors that influence his picks. But what he talks about instantly jumps in VOLUME......think about it.
Posts: 2367 | From: Detroit | Registered: Mar 2005
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I actually like Jim Cramer. BOOO YAAA. Yea he is a pumper, but its nice to hear him pump a stock you already own and watch it gap up Huge the next morning lol. He's pretty entertaining if you ask me, sometimes a bit overboard but its funny.
-------------------- May The Force be us!! Posts: 249 | From: Pittsburgh | Registered: Feb 2006
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Can anyone tell me what channel he is on and time. I used to watch him but then lot interest!
-------------------- “Money itself isn't lost or made, it's simply transferred from one perception to another." Posts: 540 | Registered: Mar 2006
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